this post was submitted on 02 May 2022
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[–] rysiek@szmer.info 9 points 2 years ago (1 children)

It has the same use both in the first world and the third world

Correct. The use is speculation and scamming people out of their money. There is some secondary use to go around some sanctions, I'm sure the Russian oligarchs also appreciate that.

[–] overflow64@lemmy.ml 1 points 2 years ago* (last edited 2 years ago) (1 children)

are you illiterate does it like look any of the persons in the articles I linked are speculating to you/scamming others

[–] rysiek@szmer.info 10 points 2 years ago (1 children)

are you illiterate

What is it with you and ad hominems?

does it like look any of the persons in the articles I linked are speculating to you/scamming others

No, you successfully cherry-picked a few that don't. That's why I said "there is some secondary use to go around some sanctions."

[–] overflow64@lemmy.ml 1 points 2 years ago (1 children)

op says crypto can only be used by scammers and rich techbros so obviously providd evidence to the contrary to show that people do use it for empowerment people use the usd and all the major world currencies for horrible things too but no one with a brain would say they're useless based on that

[–] rysiek@szmer.info 9 points 2 years ago (1 children)

op says crypto can only be used by scammers and rich techbros

Where exactly does op say that?

obviously providd evidence to the contrary to show that people do use it for empowerment

Here, have a link how banking system can be used for empowerment. Does this alleviate your issues with the banking system? 🤣

[–] overflow64@lemmy.ml 2 points 2 years ago (2 children)

Where exactly does op say that?

It’s just a techbro veil thrown over the same speculative assets that have been nothing but get rich quick schemes and contribute no real value or “freedom” for anybody.

[–] rysiek@szmer.info 6 points 2 years ago (1 children)

It’s just a techbro veil thrown over the same speculative assets that have been nothing but get rich quick schemes and contribute no real value or “freedom” for anybody

That's what @GayLegend@lemmy.ml said, not the op (@sexy_peach@feddit.de). Is the rest of your evidence just as accurate?

[–] overflow64@lemmy.ml 1 points 2 years ago (1 children)

obviously I meant the op of the reply

[–] GayLegend@lemmy.ml 5 points 2 years ago (1 children)

Edge cases exist in everything, but when you google "crypto" do you get shitcoins and eventual pump and dumps or do you get information and a tool to liberate yourself somehow? You get the former. You can bring out any number of single cases where it's benefited somebody in a way that lets them perform some task or create some value, but you know you're being dishonest if you say that's where the majority of money pumped into crypto goes or even where the majority of it's usecases comes from.

[–] overflow64@lemmy.ml 2 points 2 years ago* (last edited 2 years ago) (1 children)

who cares what other people use it for what matters is that it's valuable to me so that I can send money to whomever I want to and preserve my purchasing power

[–] rysiek@szmer.info 6 points 2 years ago (1 children)

How's that "purchasing power" being preserved on the roller-coaster that cryptocurrencies are.

[–] overflow64@lemmy.ml 2 points 2 years ago

look at the value of all the world's poorest countries currencies' compared to btc