Why is it so hard?

  • null@slrpnk.net
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    12 hours ago

    “of an increase) becoming more and more rapid”

    Interesting:

    but you can use it as currency

    for

    Literally anything

    So I can roll up to the McDonalds drive-thru, ask for a quarter-pounder, and they’ll accept a chunk of gold as payment?

    Or do I need to exchange it first?

    despite you not having a single use for that currency

    To be clear, I use Bitcoin for legal transactions (not exchanges) somewhat regularly. Would actually be extremely cumbersome to send boosts using gold, funny enough. Probably why people don’t do it.

    • Dasus@lemmy.world
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      11 hours ago

      So I can roll up to the McDonalds drive-thru, ask for a quarter-pounder, and they’ll accept a chunk of gold as payment?

      You can get a whore to do that for you, if you’re so committed. I didn’t say you can use it for literally any transaction. I said for literally anything. And I dare you you to give me gold and challenge me for a thing I can’t get, if it isn’t something like a sample of small pox.

      Or do I need to exchange it first?

      Not like Bitcoin, no.

      To be clear, I use Bitcoin for legal transactions (not exchanges) somewhat regularly. Would actually be extremely cumbersome to send boosts using gold, funny enough. Probably why people don’t do it.

      To purchase what, exactly? Or to buy and sell Bitcoin? Because unless you’re illiterate, you should understand that was excluded.

      Weird how you keep avoiding answering me, almost as if you were a pathetic coward in avoidance. Almost like, eh?

      I’ve asked you what else could there be? What use can it be for people? And the only thing you came up with is “a store of value”. Meaning you’re investing in something that is being actively used as currency, despite you not having a single use for that currency, because the market which utilises that currency is so strong, it makes investing (ie “storing value with the expectation it’s gonna grow”) in a currency profitable.

      Like I said from the start, the drug trade created the value which made Bitcoin a worthwhile investment. That’s what created the value; a market valued in TRILLIONS.

      Remember that? How the value is in the TRILLIONS? Or are you just gonna pretend all the data I showed — from fucking Europol and not some niche independent propaganda rags — doesn’t exist?

      Ps edit funny how you don’t contravene the definition of “exponential” now that we checked it, isn’t it?

      • null@slrpnk.net
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        11 hours ago

        Not like Bitcoin, no.

        So yes, you do need to exchange gold into another currency before you can use it for most transactions.

        To purchase what, exactly? Or to buy and sell Bitcoin? Because unless you’re illiterate, you should understand that was excluded.

        Try reading again, I just told you. Also how would you buy and sell Bitcoin using Bitcoin… what do you even think that means…?

        Ps edit funny how you don’t contravene the definition of “exponential” now that we checked it, isn’t it?

        Given how obsessed you are with being right, I’m surprised you want to just admit to being wrong:

        But the value of gold hasn’t increased exponentially

        So either you picked a colloquial definition that makes you wrong about gold, or you’re wrong about it being literally exponential. Which one is it?