Current Events > People who think bitcoin is useless are on the same level as anti vaxxers

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34_ShaqRule_34
03/14/21 2:32:18 PM
#1:


And climate change deniers

I've never seen such hypocrisy coming from people that claim to be pro science when it comes to everything else, but make claims that the blockchain and Bitcoin are useless
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Turtlebread
03/14/21 2:32:55 PM
#2:


Im in it for the MONEY

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MarthGoomba
03/14/21 2:34:45 PM
#3:


Less than 5 transactions per second and huge fees seem pretty useless to me

Literally there is no reason to use it when newer crypto coins have practically no fees, thousands of transactions per second, and pay out an APY when you help secure the network at a SIGNIFICANTLY lower energy cost
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RaulJenkins
03/14/21 2:35:05 PM
#4:


I wouldn't go THAT far (on the level of anti-vaxxers/climate change deniers). but, you most certainly do have a point. And to be fair, your experience with people who think bitcoin is useless is probably much more unpleasant than mine (I don't discuss it with many people)

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Raul
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34_ShaqRule_34
03/14/21 2:35:35 PM
#5:


MarthGoomba posted...
Less than 5 transactions per second and huge fees seem pretty useless to me

Literally there is no reason to use it when newer crypto coins have practically no fees, thousands of transactions per second, and pay out an APY when you help secure the network at a SIGNIFICANTLY lower energy cost


If we're talking about compared to other coins, I agree. I just was saying bitcoin as a concept considering that's all the people against crypto really know
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Irony
03/14/21 2:35:59 PM
#6:


Whose alt

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Intro2Logic
03/14/21 2:36:07 PM
#7:


Expending more energy than Argentina so that overly-online speculators can get rich is just another form of climate denial.

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Have you tried thinking rationally?
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34_ShaqRule_34
03/14/21 2:36:34 PM
#8:


Intro2Logic posted...
Expending more energy than Argentina so that overly-online speculators can get rich is just another form of climate denial.


Do you know what also uses more energy than a single country? The internet.
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Choco
03/14/21 2:57:46 PM
#9:


the privileged richest 10% of the world calling a currency useless because they see no personal use in it, when it has been great for the people of various developing nations like nigeria

but then calling themselves progressive

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s0nicfan
03/14/21 2:59:00 PM
#10:


https://youtu.be/lC5lsemxaJo?t=61

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34_ShaqRule_34
03/14/21 3:01:09 PM
#11:


s0nicfan posted...
https://youtu.be/lC5lsemxaJo?t=61


Oh look, someone who doesn't know what they are talking about
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COVxy
03/14/21 3:23:23 PM
#12:


I'm not sure bitcoin has anything to do with science lmao.

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VTBM
03/14/21 3:23:59 PM
#13:


The only good thing about BitCoin is selling it if you already have it.

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Orlando_Jordan
03/14/21 3:27:22 PM
#14:


@Duncanwii

What do you say about this?

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Machete
03/14/21 3:27:48 PM
#15:


bitcoins cause vaccines to make the earth flat tbh
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KiwiTerraRizing
03/14/21 3:33:29 PM
#16:


Its supposed to be a virtual currency but its just another stock

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Trucking Legend Don Schneider!
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34_ShaqRule_34
03/14/21 9:09:20 PM
#17:


Bump

The amount of anti technology reeee'ing from boomer economists on CE would fool anyone into thinking they were actually Trump supporters, when they aren't lmfao
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AtelierRyza3462
03/14/21 9:14:51 PM
#18:


$60k, Jesus laughed

Will actually hit $100k be the end of the year I'd bet
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UnholyMudcrab
03/14/21 9:21:30 PM
#19:


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34_ShaqRule_34
03/14/21 9:23:52 PM
#20:


UnholyMudcrab posted...
It is useless as a currency.


Fundamentally no more useless than the US dollar, which isn't actually backed by anything
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Choco
03/14/21 9:26:42 PM
#21:


UnholyMudcrab posted...
It is useless as a currency.

Choco posted...
the privileged richest 10% of the world calling a currency useless because they see no personal use in it, when it has been great for the people of various developing nations like nigeria

so fucking arrogant

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UnholyMudcrab
03/14/21 9:28:53 PM
#22:


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34_ShaqRule_34
03/14/21 9:30:56 PM
#23:


Why do people always ignore my shut down arguments and instead just go after the easy posts
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ROOTFayth
03/14/21 9:34:34 PM
#24:


s0nicfan posted...
https://youtu.be/lC5lsemxaJo?t=61
wtf do pyramid schemes have to do with bitcoin? hahaha
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ncsonic
03/14/21 9:35:52 PM
#25:


I just dont waste my time on unintelligent folk. Life is too short

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KiwiTerraRizing
03/14/21 9:40:40 PM
#26:


34_ShaqRule_34 posted...
Fundamentally no more useless than the US dollar, which isn't actually backed by anything

Go to a grocery store and try to buy something with Bitcoin. Ill show up with cash and well see who is walking out with a loaf of bread.

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UnholyMudcrab
03/14/21 9:46:50 PM
#27:


KiwiTerraRizing posted...
Go to a grocery store and try to buy something with Bitcoin. Ill show up with cash and well see who is walking out with a loaf of bread.
Hell, even if the grocery store does accept bitcoin, let's see who walks out first and has spent less at the end.

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34_ShaqRule_34
03/14/21 10:07:56 PM
#28:


KiwiTerraRizing posted...


Go to a grocery store and try to buy something with Bitcoin. Ill show up with cash and well see who is walking out with a loaf of bread.


/facedesk

UnholyMudcrab posted...

Hell, even if the grocery store does accept bitcoin, let's see who walks out first and has spent less at the end.


/facetothefuckingfloor
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UnholyMudcrab
03/14/21 10:08:35 PM
#29:


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34_ShaqRule_34
03/14/21 10:13:17 PM
#30:


First off, if you're using a debit or credit card, you technically are using crypto. Visa uses the SWIFT network and has used that protocol for decades. No problem walking out with bread there.

Secondly, whatever you pay in bitcoin would be equal to the amount you would pay in dollars. Or do you think that people in Japan using yen pay more for bread than people in America? Lmfao
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Squall28
03/14/21 10:17:05 PM
#31:


34_ShaqRule_34 posted...
Fundamentally no more useless than the US dollar, which isn't actually backed by anything

The US Dollar is backed by the US government.

Vaccines and climate change are backed by science. There are tons of studies and we have seen it work. Cryptocurrency is backed by people trying to get you in on that pyramid scheme. It's hilarious how much they sound like Michael in that clip. Do you want to get rich? Well that guy has a corvette. He's rich. Don't you want to be rich like him?

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34_ShaqRule_34
03/14/21 10:18:49 PM
#32:


Do you even know what a pyramid scheme is?

And lol @ backed by the US government. "It has value because we say it has value! Money printer go brrrrrrrrr"
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Squall28
03/14/21 10:19:39 PM
#33:


The more people investing, the more money we're going to make!

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You can't go back and change the beginning, but you can start where you are and change the ending.
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34_ShaqRule_34
03/14/21 10:20:30 PM
#34:


Squall28 posted...
The more people investing, the more money we're going to make!


That's not how Bitcoin or the blockchain works.

Also congrats, you just described literally every stock on Wall Street.
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Turtlebread
03/14/21 11:29:33 PM
#35:


34_ShaqRule_34 posted...
That's not how Bitcoin or the blockchain works.

Also congrats, you just described literally every stock on Wall Street.

its how making money works
moon!!!!
hold!!!!!


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