Because Bitcoin especially (through the Tether fraud) and cryptocurrency more generally is a pyramid scheme, of course Wall Street and venture capital need it to go mass market. It's the only road to getting out of their current investment at a profithttps://www.politico.com/news/2021/05/30/bitcoin-investment-wall-street-lobbying-491399 …
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Replying to @Pinboard
Bitcoin is a lifeline for millions of people who don’t have the luxury of living in a rich democracy with a stable currency. Claiming it has no legitimate use or social benefit just means you need to take a year long vacation to Nigeria or Venezuela and check your privilege.
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Replying to @AlexLi98
How do you move Bitcoin back and forth to the spendable local currency? All the answers that I've seen involve trusted third parties that basically make it the equivalent of an unregulated hard currency bank account.
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Replying to @santisiri @AlexLi98
Why not just answer the question?
1:34 PM - 31 May 2021
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