I'm shocked! No, no, wait ... that's not the perfect word for it. I'm totally VALIDATED by this decision to "quit while the quittin's good". What a bubble! As someone who recreational drugs from time to time, I see absolutely no value in Bitcoin or any other cryptocurrency, except for tax dodgers. And they can go get f*****d.
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Steam To Stop Supporting Bitcoin Transactions
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Originally posted by newwen View Post
In spite of the fact that blockchain is a good idea, bitcoin as a replacement for money is actually a bad idea, expensive and an energy hog. Absolutely unsustainable. Compare it to the cost of each electronic transaction with a credit card.
You can make a cryptocurrency without any transaction fees whatsoever.
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Originally posted by reavertm View PostAnonymous money transactions are good for criminals and scammers. Everyone else should prefer transparent, traceable transactions.
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Originally posted by tildearrow View PostI'm sorry, but did you think of simple food stores like the ones here? (I'm on a developing country) You only request the product, pay, and it's yours. You don't have to tell the vendor your name, address or phone number and he doesn't ask you for such information.
In many first-world countries (in EU at least) you can't pay cash (say with physical money in a bag) for relatively large sums of money (actual limits vary depending on local law), like for example to buy a new car or something else in the 10'000 euros range (or more)
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Originally posted by starshipeleven View PostThat's for tiny amounts of money.
In many first-world countries (in EU at least) you can't pay cash (say with physical money in a bag) for relatively large sums of money (actual limits vary depending on local law), like for example to buy a new car or something else in the 10'000 euros range (or more)
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Originally posted by reavertm View Post
Anonymous money transactions are good for criminals and scammers. Everyone else should prefer transparent, traceable transactions.
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