this post was submitted on 14 Sep 2023
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It's as legitimate as any country's currency, as long as that country is being run out of some random basement closet in Silicon Valley.
everything that you said so far just tells me that you don't understand it. Now I'm not saying that a lot of the crypto out there and actually the vast majority of crypto out there is garbage, that's entirely true, however Bitcoin, Ether, Solana, XRP, Cardano.. and several of the most popular and legitimate companies and technologies out there are exactly that, legitimate.
giant corporations Banks and financial institutions don't put billions of dollars into investments of crypto without validating the asset
And everything you said so far just tells me that you're invested in your sunk cost fallacy.
in the past 4 years I've made $7,000 casually trading crypto and everything is just fine so whatever man
That's what the numbers on the account says anyway.
no that's cash in my bank account at this point smart guy
So even you recognize that it's not real money until it's cash.
arguing like this with someone like you is pretty pointless
You think this is an argument?
there's nothing you're going to show me that I haven't already seen
Also.... In September 2021, El Salvador adopted Bitcoin as its second legally-recognized national currency alongside the U.S. dollar.
Maybe you'll be able to retire in El Salvador.
it's called institutional adoption
I believe it when I can buy a Big Mac with crypto.