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Imagine sitting a till for 45 minutes waiting for your transaction to be included in a block so you can pay for your groceries but bitcoin crashes during that time and you have to spend eight times as much bitcoin as you did when you walked in the store.

Imagine being so fucking retarded as to think people will tolerate that and that bitcoin has a future.

Imagine sitting a till for 45 minutes waiting for your transaction to be included in a block so you can pay for your groceries but bitcoin crashes during that time and you have to spend eight times as much bitcoin as you did when you walked in the store. Imagine being so fucking retarded as to think people will tolerate that and that bitcoin has a future.

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[–] • 3 pts

Cope and seethe.

Bitcoin and other crypto function as long term investments you wouldn't go shopping with a wallet full of bonds would you? Crypto is like that unless you were about to make a large purchase like a a fancy car, yacht, house, or a significant quantity of drugs, just because you can buy pizza with gold in dubai doesn't mean you should, same for bitcoin.

[–] • 1 pt

The long term value of bitcoin is zero. It will never be adopted because it's impractical. It is however good a separating money from idiots whom wish to get rich quick which is the only reason why it has any popularity. It's fucking hilarious watching these chumps defend them taking actual real money and getting literally nothing in return.

[–] • 0 pt

Buying cars with crypto is a shit deal because prices are marked up like crazy. I won't sell my car for less than 1.5 bitcoins, and I know I'll get it. Is my used car with 222,232 miles worth $56,000? Fuck no, but I know I'll get it, and after transfer fees and all that I know that's going to be like $46k but it's still $46k.

[–] • 2 pts

If someone gives you 1.5 Bitcoin for your car, and you can get 65k for the Bitcoin, then so can anyone else. If that happens than yes, your car is worth that much.

[–] • 0 pt

Why do you think used cars went up in price?