Why Nostr? What is Njump?
2023-11-22 13:21:27
in reply to

vic on Nostr: Aspartame Protoss Quentel > This has nothing to do with crypto. It has everything to ...

> This has nothing to do with crypto.

It has everything to do with crypto. You really think the governments and global banking cartel will let you just switch away from their currencies?

Bitcoin has been out for around 15 years, yet there is no real-world use for it aside from comparing its value against the dollar. Every once in a while there's some "pay with bitcoin!" service that comes and goes, but the entire bitcoin community is all about "HODL!!" and never actually spends it. A currency that is held and not exchanged regularly is not a currency at all; it is an investment toy.

The tech has been out for quite some time. I can buy and sell bitcoin on US government-approved exchanges, but why can't I directly pay for my groceries or my power bill with bitcoin? Why doesn't my employer pay me in bitcoin? Until you understand how currency really works--that it exists in the context of a government to enforce its use--you will always be frustrated that bitcoin never sees mass adoption and is confined to vape shops and run-down gas stations.

Oh well. Pearls before swine, I'm guessing.
Author Public Key
npub1l4eg4c2rcumcgk98x84zgjlwc9pjyycr08pw3yk9pc5gtkh6rhxseghev7