Quote:
Originally Posted by Jibartik
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Not true! Actually the greatest value in crypto is in the humanitarianism it brings, by bringing currencies to countries that have access to the internet via phones, but not via ATM machines.
People in 3rd world countries are using it to buy and sell water and food.
Americans dont use it for anything because we're spoiled bitches with ATMs on every corner so we dont need it.
But the world NEEDS it and uses crypto for all the things you take for granted in developed nations.
THIS is why its value is 60k and the average American fat ass is like "whAt DoEs BiTcOin EvEN Do!? ?!//.1"
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Yeah I get the philosophy behind it but its all potential uses at this point because people aren't actually using to buy food and water in Sudan or wherever. And if they were than how the hell would you price anything with the volatility being all over the place? I mean I bitch about housing prices on here all the time cause they went up 17% or whatever but Castle pointed out that its gone up 200%+ in the last 3 months.