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North Korea is likely culprit behind $6.3bn crypto hack, ‘largest heist in history’
(www.theguardian.com)
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this post was submitted on 31 Oct 2026
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How cool that the DPRK stole fake money.
If you can exchange for goods and services, it's real enough.
You can't though. No one takes crypto as payment for anything other than drugs.
It's regulated as an asset, not a currency.
And why do these retards keep it on an 'exchange'?
On Yelp you can filter by "Accepts Cryptocurrency". It's usually a restaurant owner who wants to avoid fees.
It can only do 10 transactions a second. It was never built for payment processing.
It's a digital asset.
I can see you first heard about it quite a long time ago!
The base bitcoin can only do around 7-10 per seconds, intentionally for global nodes.
2s adds a layer of vulnerability. Ergo, it's not the actual asset.
This is demonstrably false.
What is?
The first thing at least
What % of payment transactions are done by crypto?
No idea. How is that related?
Crypto is not used as a currency, purchasing goods and services. It's a speculative asset that's used as a fiat debasement trade.
Most of it is owned by the same banks that caused the crash that bitcoin was created to avoid. Pretty fucking ironic.
Your entire post
Refute it then.
https://ethereumadoption.com/built-on-ethereum?view=byEntity
https://defillama.com/stablecoins/ethereum
This is the only sorta-kinda correct thing you said. The complete co-opting of crypto by institutions is a bit worrisome, but if you're truly worried about a "crash", then hold stablecoins. The network itself is decentralized and nobody "owns" it. Your keys are your keys.
There's nothing ironic. I can acquire crypto, send and receive it, without any tradfi involvement.
It is a teensy bit ironic to be pitching "decentralized" Ethereum right after another major hack.
If it’s only drugs then it’s just one extra step. So long it’s acceptable for barter then there’s a way.
That applies to anything. But it's still not actual currency.