Except maybe for the fact that HTTP was not looking for an actual, legal, constructive use-case that it solved better than existing technologies say... more than a decade after its creation?
Except maybe for the fact that HTTP was not looking for an actual, legal, constructive use-case that it solved better than existing technologies say... more than a decade after its creation?
I don't know a use case for Bitcoin that benefits society per se, but there are definitely use cases for it.
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Just because you come from a place of great financial privilege and a liberal society does not mean others have no use for a censorship resistant form of money.
Afghanistan: https://theintercept.com/2022/01/19/crypto-afghanistan-sanct...
Argentina: https://www.bbc.com/news/business-60912789
Russia: https://www.reuters.com/world/europe/navalny-ally-urges-dono...
Lebanon: https://www.reuters.com/article/lebanon-crypto-currency-yout...
Nigeria: https://www.coindesk.com/tech/2020/10/16/nigerian-banks-shut...
Ukraine: https://www.cnbc.com/2022/03/23/ukrainian-flees-to-poland-wi...
The whole 'privilege' angle is drivel and prevents us from actually exploring solutions to the problem instead of pumping the specific bags of the person making the argument.
That's the real problem: cryptocurrencies solve the problem that rich people in first-world countries under permissive governments claim to have but don't (help! they're oppressing me!) - while claiming to solve the problems that poor people actually being repressed have, albeit very ineffectively.
That gives the advocates a cudgel to whack critics with. Only first-world folks are in a position to lose 70% of the purchasing power of their money in a few weeks - or 10% yesterday - and pay the GDP per Capita of Burundi ($265) in transaction fees when things get congested.
That guy who fled with $2000 in Bitcoin from the Ukraine now has $1100 in Bitcoin - it was trading at $40,000 on the day that article was published in mid-March. He lost half of his family's entire net worth (!?!) - but had he held USDC he'd have checks notes $2000. But you're for some reason holding this up as a success and telling me to check my privilege?
Every one of those articles, everyone interviewed is down bad compared to the publication date.
You're calling me privileged for not wanting a fleeing Ukrainian to lose half his entire net worth? I'd suggest you check your financial privilege fam. How dare you, tbh.
That entire list of articles is a graveyard if you look at the price of the espoused cryptocurrency at the time of writing: every one of them got rekt. Every last one.