Bitcoin Is Crashing So Hard That Miners Are Unplugging Their Equipment

https://lemmy.ml/post/42766333

Finally. Let us be free of crypto please.
Yeah. Let’s give banks all the power.
Like they don’t already have it?
Stay in school.
serious question, what power has Bitcoin gained away from banks?
It’s not just bitcoin, but cryptocurrency in general enables decentralized transactions and some of them even maintain anonymity for users.

until you need actual cash, in which case you give your identity to any reputable exchange.

also, that anonymity is what cash is for.

until you need actual cash

Crypto can replace cash if more people use it.

also who actually benefits from “decentralized” transactions? specifically who and how.

Everyone that doesn’t benefit from the surveillance state.

also, that anonymity is what cash is for.

How are you going to exchange cash across vast distances quickly and anonymously?

1) sure it can replace cash, but at the cost of mining, and actual usability. anything can replace cash. doesn’t mean it will.

2) again, this is still possible with existing systems of cash, so I don’t know who and how will benefit more from crypto.

3) how often do people actually do that? the most that happens is when my aunt mails me… get this… cash.

I’m sorry, you’re an idiot.
nice personal attack instead of giving advantages to cash…..