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.
this post was submitted on 27 Mar 2022
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Asklemmy
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Crypto is a fascinating concept but it's been taken over by a combination of tech bros and finance bros
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.
it was easier when crypto was used only to buy drugs
I seriously miss those times. Are there even still any DNMs left?
Many. Go on dark.fail and make sure that you verrify all of the PGP keys.
There are, check dark.fail and dread.
I could never manage to make a dread account for some reason. The capcha wasn't working i think?
It works, it's just very hard.
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.
The other day my mom told me she's interested in bitcoin now ๐
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).
Completely agree with this.
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.
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.
As someone who used to use cryptocurrency, almost nobody uses cryptocurrency.
Use = buying bread in a grocery store
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.
Buying drugs or getting scammed maybe both
Or scamming.
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.