67
What would you do with a bitcoin windfall?
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 29 Jul 2024
67 points (85.3% liked)
Asklemmy
43728 readers
1152 users here now
A loosely moderated place to ask open-ended questions
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
Take your winnings and get the fuck out of crypto ASAP
Bitcoin shouldn't be confused with the whole crypto fiasco
What are you talking about? Bitcoin started this, it’s was the first scam. It’s all bad.
Bitcoin is publicly and clearly documented. It has always been. It has never failed its goals. It has never been shady
I will never, never get tired of these CHUDdy types self-reporting every time.
“It has never been shady,” commenting on a post about one of the largest scams of all time lmfao
Oh yes, it’s just as good as money, it’s a real currency and totally not vapor as long as you act as your own bank and maintain ironclad digital and physical security, never slipping up a single time. Oh and your savings (because this is a currency) are completely uninsured. Totally reasonable asks to make of an average consumer.
Instead of writing shit you have no clue about spend 10 minutes of your life learning what cryptocurrencies are. MtGox scammed people and they were a bank.
Just spent 10 minutes researching MtGox, sounds like they were a pretty terrible bitcoin exchange and nowhere close to a bank.
You guys seem to forget that it had a very real purpose before... buying illegal shit on the internet. It didnt "start as a scam".
You don't seem to be well aware of the inner workings of the traditional banking system you claim to like so much. What you believe to be "real" money is a lot less real than you think
Real money is whatever the powers that be demand payment in.
No. You are confusing currency with money
Yeah but the value of my money doesn’t swing rapidly daily, and transactions process in seconds instead of minutes to hours. Oh and it’s actually accepted as a form of payment at most institutions.
Bitcoin, and all other cryptocurrencies, are securities at best and straight gambling at worst.