@davidsheffield

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Show threaddavidsheffieldNov 23, 2024

@haaflife @tante

Well, that's the point of sanctions? So that people can't send money to countries that are backwards and medieval theocratic dictatorships that fund terrorists? So you're saying that bitcoin is useful for being a criminal?

Show threaddavidsheffieldNov 23, 2024

@haaflife @tante

Well, yes there is... you could use any number of low cost currency exchange websites like wise.com or ofx -- it's actually willful blindness to think that there aren't alternatives that are far better suited to the task at hand than crypto

Show threaddavidsheffieldNov 23, 2024
@tante It's infuriating as a financial professional, investment is the process of unproductive assets (cash) funnelling into productive assets (businesses or otherwise), the outflow of capital into bitcoin which causes more and more electricity to be wasted for no utility gained is like an anti-investment, sure to impoverish any country which gives it credence