Pretend you meet a random person and they tell you they use cryptocurrency. What’s your opinion on that person based off that statement alone?

  • sasalzig@lemmy.ml
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    3 years ago

    They’re a sucker who’s gonna get fleeced. If they answer that they know the game is rigged (as most of them will), but that they totally understand how this works, they’re a super sucker who’ll get double fleeced.

  • Cyclohexane@lemmy.ml
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    3 years ago

    A lot of crypto users are cringe, but it has a lot of great uses. Bypassing sanctions, state surveillance and persecution, donating to socialist groups and projects (donating to Alexandra Elbakyan, founder of scihub).

  • relejek@lemmy.ml
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    3 years ago

    Never have i ever in extremely limited set of people that I have came across, heard someone say they ‘use’ cryptocurrency. Every body whom I met and is related to cryptocurrency only “trade’s”, it is just a tool of speculation and gambling. My countrie’s govt doesn’t consider it a legal tender thus even local woke businesses don’t sell their product/service for it.

  • OsrsNeedsF2P@lemmy.ml
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    3 years ago

    As someone who used to use cryptocurrency, almost nobody uses cryptocurrency. My girlfriend works for a crypto exchange, and nobody in her company uses cryptocurrency.

    Everyone just flips coins like penny stocks. If people actually used crypto, it would crash 95% overnight because of how bad it is.

    The funniest part about crypto these days is there’s more than 21M Bitcoin due to exchanges fractional reserving, but it’s such a minority who withdraws that it goes unexposed.

    • Amicese@lemmy.ml
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      3 years ago

      As someone who used to use cryptocurrency, almost nobody uses cryptocurrency.

      Then how did Bitcoin get popular?

      My girlfriend works for a crypto exchange, and nobody in her company uses cryptocurrency.

      • What about the other people? (Buyers and sellers)
      • This is one company.
      • poVoq@lemmy.ml
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        3 years ago

        Speculation and money laundering is what made Bitcoin popular. Everyone who has used it knows that it is highly impractical as an actual payment method.

      • atomicshrimp@lemmy.mlOP
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        3 years ago

        As someone who used to use cryptocurrency, almost nobody uses cryptocurrency.

        Use = buying bread in a grocery store

  • FruitFactory@lemmy.ml
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    3 years ago

    My knee-jerk reaction is either tech bro douche or privacy minded anti-goverment type.

  • electrodynamica@mander.xyz
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    3 years ago

    In a word: privileged. It’s a luxury market for the middle class who have plenty of disposable income.

    Or criminals. But no criminal is going to tell a random person they use crypto.

  • sproid@lemmy.ml
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    3 years ago

    The same way someone tells me there are into stocks. Its a preference or a niche. Or if they use it to actually buy stuff then I see as people who install Doom in a toaster, another niche. A preference or a “thing” does not tell the whole story of a person.

  • ster@lemmy.ml
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    3 years ago

    Crypto is a fascinating concept but it’s been taken over by a combination of tech bros and finance bros

  • SudoDnfDashY@lemmy.ml
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    3 years ago

    I appreciate their use as a government agnostic currency. Having something that is not controlled by the state is great, but it is implemented in such a bad way that most people who own it don’t actually do anything with it.

  • DoghouseCharlie@lemmygrad.ml
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    3 years ago

    My gut reaction is they’re a nerd and should be stuffed in a locker. Though if you were able to get into it and got some money, some investment, some security for yourself, I’m not gonna hate you. Though I’m not going to take your opinions too seriously if you think crypto is ultimately anything more than a wasteful scam.