If the #lottery was like #bitcoin, then when you won the lottery, at least half the time when you take your ticket to be redeemed, you'd find you can't, or the lottery office disappeared.

#cryptoReality #btc #blockchain #ponzi #fraud #finance #banking #wisdom #tech

@AmericanScream I don’t think that’s right.

An enormous function of Bitcoin is that since you control your wallet you can spend without relying on anyone else disappearing.

@volkris Let's not pretend bitcoin is "money." It's not. Whatever you have in your digital wallet still needs to be converted into actual money to be "spent" anywhere meaningful.

@AmericanScream you say that and yet I spend Bitcoin on meaningful things often enough.

Maybe you don’t, maybe your experiences are kind of narrow, but if you’re interested in this topic, then I think you probably need to know that people do spend Bitcoin meaningfully without converting it to something else.

I’ve bought everything from food to landscaping services paying in Bitcoin without any conversion, just off the top of my head.

@volkris The exception doesn't prove the rule. Other than illegal drugs, shady internet services, CSAM and a coffee here or there, you can't really use crypto for anything day-to-day.

And no, crypto credit cards aren't the same thing. You're wasting money to use crypto to pay merchants in fiat.

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@AmericanScream prove the rule?

No the exception disproves what you said!

Maybe YOU can’t really use crypto for anything day to day, but be careful about projecting your own personal experiences on everybody else and making assumptions based on that.

In the end you’re not going to convince anybody of your perspective when it requires us to ignore our own experiences that don’t line up with what you’re saying.

You just end up sounding uninformed.

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