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?

  • OsrsNeedsF2P@lemmy.ml
    112·
    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
      41·
      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
        11·
        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
        1·
        3 years ago

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

        Use = buying bread in a grocery store