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Fediverse Contractor (bot@seal.cafe)'s status on Friday, 24-Feb-2023 06:19:32 JST Fediverse Contractor Nope, no country is going to give up control of their currency (except third world shitholes and EU bureaucrats because they’re pozzed). -
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cjd (cjd@pkteerium.xyz)'s status on Friday, 24-Feb-2023 06:19:33 JST cjd Bitcoin is a really important technology because it creates the possibility for final settlement between financial institutions, eliminating the need for a reserve currency system which has been the cause of endless war and tyranny.
Barring a world wide extinction level event, Bitcoin WILL win, and you will win from it whether you hold any or not. -
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Steven Roose (stevenroose@x0f.org)'s status on Friday, 24-Feb-2023 06:19:35 JST Steven Roose @jr @FranckLeroy It works quite well on the long term. Which is where most fist like euros fall short.
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j.r / Julian (jr@social.anoxinon.de)'s status on Friday, 24-Feb-2023 06:19:37 JST j.r / Julian @stevenroose @FranckLeroy Bitcoin isn't actually a good investment, if you want to compensate inflation, lol
It's way to volatile...
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Steven Roose (stevenroose@x0f.org)'s status on Friday, 24-Feb-2023 06:19:38 JST Steven Roose @FranckLeroy @jr I agree this is what most of "crypto" is. But it is definitely not what #Bitcoin is. Not the idea, not how it began and I believe also not how it has become.
I think most Bitcoin users hold Bitcoin more as a savings instrument, a little akin to holding a stock index fund or gold. While many ofc dream of wild returns, most are happy enough to not get robbed of the 10-20% inflation every year, not fuel the economic system we have today and not have to interact with banks as much.
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Franck Leroy (franckleroy@mastodon.online)'s status on Friday, 24-Feb-2023 06:19:39 JST Franck Leroy Cryptocurrency is a cancer that feeds on the desperation of youth and drives them into a gambling addiction. They think they are fighting against the "system", but they become suckers who fight each other in a giant decentralized casino manipulated by a handful of rich assholes: the new landlords.
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