- oceanjams parentBitcoin, but I can't seem to make it do anything.
- Bush and Putin are both war criminal, period. They both "Manufactured Consent" to justify going to war. American right-wing journalist use propaganda, like freedom fries to denigrate and vilify the opposition.
In the case of the US, Osama bin Laden, a Saudi, was living in a mansion in Pakistan. The hijackers were mostly Saudi's. Bush decided to attack Afghanistan, then Iraq? The Saudi was killed by a small group of soldiers, so war was unnecessary. The attacks are the sign of someone very incompetent or a war criminal. The offenders were Saudi Arabia.
On a side note, 2000 American's died in September on the day, and people were outraged. During Covid, 4000 American's were dyeing daily (not just one day), and people were like it's no big deal, I'm not going to get vaccinated or wear a mask. So the whole thing is disingenuous.
It was immediately apparent that when the US engaged in war crimes and got away with it other countries started to salivate. It's easy to see a link between what happened in Iraq and Ukraine. But again, both are war crimes.
- My first post on HN. I've been watching for about 11 years +. I remember bitcoin in the early phases too. It was used exclusively for illegal purposes.
Ten years down the line, I see new arguments. Store of value is very common. My understanding of digital currency is as follows, You get a small file that's encrypted, and you give someone large sums of money. I can have a 10 year old write up gibberish in Word, and encrypt it for you, if you want to give me money. Digital currency has no value, but what people are willing to pay for it. So if you want small, gibberish files with a password, please ask, I'll give you as many as you want as long as the price is right.
Digital currency is scarce. There are thousands of forms of digital currency out there, and thousands more will be created, making a unlimited amount of files with nonsense in them, that people want to buy. I remember there was a site on HN several years back that you could create your own digital currency. I created one. I never checked it out afterwards. Digital currency is not scarce.
Ease of transfer. I don't know how it is today, but back in the day, it was not easy. You had to set up a wallet, they had to set up a wallet. Information had to be exchanged. Just no. When a mom and a dad, can hand a 2 dollars to a clerk and get a gallon of milk. Ask that same person to try that with a digital currency. Ease of use in a big no.
Digital currency is secure. I just saw a post on HN that someone hit the wong button and delete 1/2 million dollars of digital currency. I remember Mt Gox. I see stories every week about how insecure digital currency is, and not 100s or thousands of dollars, but millions and billions. No not secure.
Digital currency is not subject to inflation. Lol, you drank the cool aid. Big players like investment institutions have gotten in the market. Everything that can't do on the stock market they can do in the digital currency market. You don't think they can be manipulated. Digital currency go up and down every day. In otherwords, if you actually think this is a currency, which it is not. Then, you have deflation and inflation in extreme amounts, daily.
On a side note, the energy use for creating these worthless files is not good for the planet, and should be used somewhere else with a real purpose.
I hope I'm wrong, and digital currency unites the world, ends poverty, homelessness, war, and hunger. But until then, miss me on this insecure, difficult to use, worthless, gibberish files.