@meanunclejack @girlwife3000 You think escaping traffic and a war zone is hard? Try escaping a zoning war. They’re trying to put up a multiplex off Penn in Edina now…the horror!
@FrazerKinsley Because if it went away it due to the myriad of available solutions there would be thousands of people in the financial sector who’s jobs would be affected. Can’t mess with the banks, it’s against the rules (that they set).
@0leski I am currently in Bismarck North Dakota and experienced the worst traffic of my life last night. Capitol city, 75,000 people…25 minutes to go two miles. I want a bumper sticker that says “I experienced rush hour traffic in Bismarck ND” for my time. Do not come here.
@meyers2damax People being able to use their money without banks stands to help “the little guy”. Awesome uses of Bitcoin in unstable countries with out of control inflation etc.
@meyers2damax I think it’s difficult to speak in absolutes about the topic. Saying crypto universally exists for tax avoidance is a disingenuous oversimplification of the tech. Blockchain technology behind Bitcoin absolutely stands to allow people to utilize their money without banks.
@meyers2damax Nonetheless, I still believe Bitcoin can serve great purposes for some around the world. I think the criticisms of crypto are all fair but I certainly don’t know what the best way to address any of them would be.
@meyers2damax Ultimately, there were great features of Bitcoin that served to influence change to global banking and help “the little guy” in some senses. Unfortunately it was also created with a pretty anti government stance meaning it’s ripe for exploitation.
@meyers2damax The best thing Bitcoin can do is scare banks into making it affordable to use the internet to move money more efficiently and more securely across international borders. Banks charge stupid amounts of fees to move money across borders using humans because they can. It’s criminal.
@meyers2damax Those who think it’s an investment aren’t wrong, but they’re not really using Bitcoin for anything other than a volatility money maker. Bitcoin is an experiment that won’t go away, and as much as those loud voices want, they can’t influence it in a meaningful way.