• Phoenixz@lemmy.ca
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    5 days ago

    Bitcoin is a lot of things, it’s not a scam. Some cryptocoins aren’t scams either or didn’t start as one.

    A lot of crypto coins are scams

    Bitcoin and any blockchain based payment system is not a viable alternative to payment processors at world scale. Unless power requirements per transaction go down literally exponentially, it will never be.

    Having said all that: Bitcoin does work on the current limited scale, it works better and easier and faster han all payment processors, and most importantly: Bitcoin isn’t a giant dick wanting to insert itself into every orifice of your body

    Fuck Visa, fuck MasterCard, fuck American Express, fuck all of them you fucking psychopathic narcissistic assholes

    • JcbAzPx@lemmy.world
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      4 days ago

      Bitcoin may not be a scam per se, but its main usage is to facilitate scams. The biggest of which is being a market that speculators can manipulate to make the currency they actually want.

      • Phoenixz@lemmy.ca
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        2 days ago

        It’s not a scam requires a huge Wikipedia <citation needed>

        I’m not saying it’s great, it’s shit, but at least it’s not as evil as visa or MasterCard