Look at all that productivity in Venezuelapic.twitter.com/xipCpO1BUu
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The sheer fucking absurdity of Bitcoin evangelists thinking that all of this infrastructure is somehow only necessary because of "fiat currency" and that if we all switched to Bitcoin we could trash all of it and not pay for any of its upkeep
None of you have actually thought about this at all For all that you're obsessed with "economics" written by right-wing cranks from the Austrian school you don't know or care about basic facts of how retail banking works, how running a business works, how paying for stuff works
This is what we call a universal thought-terminating cliche
I'm still amazed Bitcoin survived the time that head of a massive bitcoin "bank" died and it turned out he was the only one who had the password to the entire system so all that money just blipped out of existence with him.
This in itself should be egregious, but was being predicted to happen to *someone* for years. Then, because crypto isn't really money, or property, nobody really knew if it would even be able to processed like an actual financial crime for months.
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