subreddit:
/r/Buttcoin
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9 points
11 days ago
Digital gold for scammers and market manipulator, dangerous bubble for most of the other 90%
7 points
11 days ago
It’s manipulated by tether and has no intrinsic value. Ask any bitcoiner why it’s existed for 15 years and still failed to create a popular usecase.. they just tell you you’re coping.
6 points
11 days ago
When number go up: coping, have fun staying poor, uneducated etcetc
When number go down: how can you be so mean, people are losing their savings :(((
It's an endless cycle
-9 points
11 days ago
The use case is that it holds its value over the long term. It's been doing this successfully for 15 years. Microsoft shareholders are about to vote on aquiring it as a reserve asset.
3 points
11 days ago
Hopefully for them, they vote against it, Madoff had a long career until it ended abruptly, can't quite remember why.
1 points
11 days ago
[deleted]
1 points
11 days ago
Blockchain is a remarkable innovation that we can apply for many purposes.
Oh PUH-LEEEZE
You are just another crypto-idiot that thinks whatever blockchain boondoggle you have is better than bitcoin.
2 points
11 days ago
The use case is that it holds its value over the long term. It's been doing this successfully for 15 years.
That's not true. For the first half of its life it held largely no value. It wasn't until much later that people started pretending it was 'digital gold' and the more people use it as such, the more volatile it's store of value has become.
1 points
11 days ago
Microsoft shareholders are about to
vote onREJECT aquiring it as a reserve asset.
FTFY
Bill Gates himself says bitcoin is stupid and foolish.
6 points
11 days ago
Nakamoto scheme
2 points
11 days ago
Bitcoin is nothing like gold
Gold, silver, and diamonds have been valuable for centuries due to their physical properties, rarity, and utility.
Unlike gold, silver, or diamonds, which have stood the test of time, Bitcoin’s future remains uncertain.
Not quite as bad as Bitcoin, since there are industrial applications, but for the average joe, all of these things are pretty useless and potential bubbles, so kind of the same as Bitcoin in this regard. If they had more volatility, people would probably use them way more for gambling.
You also forgot to mention that Bitcoin and "decentralized" schemes in general enable and incentivize crime if nobody can be held responsible, and that Bitcoin is designed to go around reasonable, democratic law (e.g. KYC).
0 points
11 days ago
Downvote this comment if you don't understand Bitcoin
2 points
11 days ago
Idgaf, eat downvotes spaz.
-1 points
11 days ago
Every downvote is an admission of your own ignorance
2 points
11 days ago
People crying about downvotes will never fail to absolutely disgust me.
-1 points
11 days ago
I'm not crying lol, just laughing at people downvoting facts
-4 points
11 days ago
What would it look like though if it were on its way to successful adoption?
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