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2,633
Joined
2 yr. ago

  • Well yes. That's the point. You can bank in anything that you can rely on, and you can rely on drug markets making money. "A store of value" is nothing but an investment. And the only reason it became actually reliable and profitable to invest in Bitcoin is because of the drug markets.

    So we agree, it's a store of value.

    And had you bothered to read the studies, you'd notice the specify they do as well.

    Was in reference to you bringing up pump and dump memecoins. That's why I quoted that part...

    Well not to a person who can't face reality, no.

    What reality have I not faced?

    Show me proof that I'm wrong.

    That's not how that works, and you know that. I also never said you were wrong about anything except Bitcoin not being a store of value, which you agree that it is. So not sure what you're even looking for...

    I'm right and I've proved that

    No you haven't.

    data agreeing with me

    Then present it.

    disagreeing with you.

    Disagreeing with me about what...?

  • You've literally no proof for yourself delusions about it being a "store for value"

    You haven't even argued that it isn't a store of value... Only that it's propped up by illegal activity.

    showing that TRILLIONS are being used in criminal enterprises

    Trillions of USD, not trillions of Bitcoins.

    Just because there are some barely valuable pump and dump meme coins

    Again, we're talking exclusively about Bitcoin.

    You just can't face reality.

    I can face reality just fine, you just can't seem to prove your claim.

    Also not sure why you keep trying to, because again it's irrelevant

  • I'd say it's closer to 99.9%, and that's a conservative estimate, in line with data.

    Also you've failed to cite anything that even points to a ballpark percentage. Which data specifically points to ~100% of Bitcoin transactions being used to directly fund illegal activities?

  • First of all, we aren't talking about cryptocurrency, we're talking about Bitcoin.

    Secondly, like I already said, it's irrelevant. Bitcoin is for storing value.

    Edit: To put it another way, let's say >51% of Bitcoin transactions are used to facilitate illegal activities -- so what?

  • Which isn't relevant in a discussion about piracy.

  • It's just that pretty much every single one of those is for drugs or other illegal services, mostly drugs

    Based on your best guess.

    Its also not relevant. Bitcoins key utility is as a store of value, and that's what its being used for most.

  • So just excersing a law written by the rich for the rich, for them to stay rich is evil. And by extension the company is evil.

    Ah okay, was just wonder if there was more nuance than "capitalism bad"

  • Source for what?

    Your thesis:

    Bitcoin is mostly used for illegal shit.

    I've bought a ton of drugs with cash. Is cash mostly used for illegal shit?

  • You can't own intellect

    That not what IP rights are.

    But also, piracy is a copyright issue, not an IP issue.

  • Post about Immich

    Can I buy the service

    What service do you think they're asking about, Sherlock?

  • Are you lost? Of course they're asking about Immich...

  • I feel like it's morally correct to pirate Nintendo games at this point.

    How come?

  • What are you even talking about? They're asking about Immich, not 50 different services.