this post was submitted on 03 Aug 2024
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Proton

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[–] Alphane_Moon@lemmy.world 1 points 3 months ago (8 children)

Bitcoin and blockchain have only two use cases:

  1. Financial speculation
  2. Fraud and criminal activities
[–] azalty@jlai.lu 0 points 3 months ago* (last edited 3 months ago) (3 children)

Or maybe just privacy and anonymity, low fees, not being controlled by external entities? You know, the thing it was built for.

[–] Alphane_Moon@lemmy.world 5 points 3 months ago (2 children)

Privacy and anonymity with Bitcoin? Are you serious?

Not being controlled by external entities? Bitcoin is controlled by a bunch of whales and various insiders such as Tether, the client development goons and random scammers.

All of them are looking to get some money off the marks. Nothing more, nothing less.

[–] azalty@jlai.lu 1 points 3 months ago (1 children)

I was talking about crypto and blockchain in general

You can achieve relative anonymity by getting BTC by swapping with a better crypto like Monero

At least your money is safe, it’s what I mean by control. They can’t take it from you.

[–] Alphane_Moon@lemmy.world 4 points 3 months ago

I disagree.

The specific methods, be it crypto or some offshore fake company scheme, don't matter.

If you are a nobody and you give the government reasons to prosecute you, they will crack your scheme no matter how convoluted your crypto setup. This is basic common sense.

The whole "crypto = freedom" is a ruse promoted by various scammers and criminals to attract marks.

The scammers figured out that some low effort copytext about "freedom" is an easy way to attracts marks in context of a crypto scam, especially north american ones who like to believe they understand the meaning of freedom. When in reality their knowledge of such matters is extremely lacking; and I am being very diplomatic in this.

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