this post was submitted on 02 Jun 2024
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Microblog Memes

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[–] s_s@lemm.ee 2 points 1 year ago (40 children)

If you're "invested" in cryptogoboligook and you're not ripping someone off--guess what?--you're the mark.

Regardless, you can generally use money to buy things.

You can't buy anything with crypto because it's 15 years later, and "mass adoption" is never happening. It's "fake money".

[–] VictoriaAScharleau@lemmy.world -3 points 1 year ago (39 children)

since people treat crypto as money, it is money.

[–] Pratai@lemmy.world 3 points 1 year ago* (last edited 1 year ago) (32 children)

The only ones that treat it as money are in on it. Otherwise, you could go to a Best Buy and get a TV with your crypto-card.

[–] asterfield@lemmy.world 0 points 1 year ago (1 children)

Can you buy a tv with a silver bar?

[–] Pratai@lemmy.world 4 points 1 year ago (1 children)

No, because it’s not legal currency. Are you getting it now?? Valuables aren’t all accepted currency….

Your argument is DEEPLY flawed.

[–] asterfield@lemmy.world 2 points 1 year ago (1 children)

Kenisis is apparently backed by silver, I think that solves it all somehow

[–] spongebue@lemmy.world 1 points 1 year ago (1 children)

WTF is Kenisis, and can you walk into a store and buy a TV with it?

[–] uis@lemm.ee 1 points 1 year ago (1 children)

Can you walk into store and buy a TV with British Pound?

[–] spongebue@lemmy.world 1 points 1 year ago (1 children)

In the UK and its territories, yes.

[–] uis@lemm.ee 1 points 1 year ago (1 children)

Then you can't with dollar. But maybe can with Euro, not sure.

[–] spongebue@lemmy.world 1 points 1 year ago (1 children)

Are we still debating if crypto is actually a currency? Because yes, currencies can be localized. That crypto is agnostic to localities does not make it any more of a currency.

If you are trying to make another point, I may have gotten lost in the thread.

[–] uis@lemm.ee 1 points 1 year ago

This happens. I was mostly debating Pratai's "US dollar is the only legal currency in the world" nonsense.

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