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Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!

 
Anonymous Coward
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08/16/2019 03:58 PM
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Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Yes there will be a few Anarchist traders in bitcoin, illegal money launderers and some bitcoin fanatics, but bitcoin will never be very popular with the general public.

Why? Because it is getting difficult for people to feel safe converting their fiat currencies into and out of bitcoins through online BTC Exchanges.

Governments around the world understand that if they can control the changes, they can effectively kill bitcoin.

And that is what is happening today.

Almost every single bank credit card has now been blocked from using BTC Exchange sites. No Paypal, no longer bank transfers to most banks and government blacklisting for using exchanges is growing.
Anonymous Coward
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08/16/2019 04:06 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
no. they have decentralized dexs now.
Anonymous Coward (OP)
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08/16/2019 04:09 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Most people simply don't feel safe using exchanges(even Coinbase) to buy and sell bitcoins. Fact!

There are very few ways to cheaply and safely convert bitcoins into fiat money.

So yeah, bitcoin will survive, much like the Dark Web has survived. But, very few people will use it.

EXCEPT FOR CORPORATE AND GOVERNMENT SHADOW TRANSACTIONS.


But, those are very quick and bitcoins are only held for a few minutes at most.
Anonymous Coward (OP)
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08/16/2019 04:09 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
no. they have decentralized dexs now.
 Quoting: Anonymous Coward 74950944


Explain.
Anonymous Coward
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08/16/2019 04:15 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Well, they better acct fast.

If they wait much longer, it will be the inverse: if they cut off btc exchanges, fiat dies.

Fiat is Medusa, gold is Perseus, and crypto is a mirror. The outcome of this battle is already known.
Anonymous Coward (OP)
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08/16/2019 04:17 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
If a normal person can't feel safe buying bitcoins online, how will bitcoin survive?

Even if they do own bitcoins and don't feel safe that they will be able to sell them, no one will buy them.

Listen, bitcoin is NOT a political statement, a currency or a form of money transfer if people don't feel safe doing it!
Icey

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08/16/2019 04:18 PM

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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
How much is bitcoin worth without electricity?
I am SNOWIE. WELCOME TO THE NEW ICE AGE. TRY NOT TO STARVE.
Anonymous Coward (OP)
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08/16/2019 04:18 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Well, they better acct fast.

If they wait much longer, it will be the inverse: if they cut off btc exchanges, fiat dies.

Fiat is Medusa, gold is Perseus, and crypto is a mirror. The outcome of this battle is already known.
 Quoting: Anonymous Coward 77909960


Ha,ha! Not when almost every person in the world supports them!
Anonymous Coward (OP)
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08/16/2019 04:19 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
How much is bitcoin worth without electricity?
 Quoting: Icey


Shut up you dumb fucker!
Anonymous Coward
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08/16/2019 04:22 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
If a normal person can't feel safe buying bitcoins online, how will bitcoin survive?

Even if they do own bitcoins and don't feel safe that they will be able to sell them, no one will buy them.

Listen, bitcoin is NOT a political statement, a currency or a form of money transfer if people don't feel safe doing it!
 Quoting: Anonymous Coward 76405746


So don't buy Bitcoin. How often do you buy dollars?
Anonymous Coward
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08/16/2019 04:23 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Bitcoin is on EVERY exchange. Good luck with that
Anonymous Coward
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08/16/2019 04:24 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Well, they better acct fast.

If they wait much longer, it will be the inverse: if they cut off btc exchanges, fiat dies.

Fiat is Medusa, gold is Perseus, and crypto is a mirror. The outcome of this battle is already known.
 Quoting: Anonymous Coward 77909960


Ha,ha! Not when almost every person in the world supports them!
 Quoting: Anonymous Coward 76405746


U serius? Don't you see how quickly that can change?
Anonymous Coward
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08/16/2019 04:25 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
no. they have decentralized dexs now.
 Quoting: Anonymous Coward 74950944


Explain.
 Quoting: Anonymous Coward 76405746




decentralized exchanges (DEXs).. your coins never leave your hardware wallet until you make the trade.

here is one: [link to idex.market (secure)]
Anonymous Coward (OP)
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08/16/2019 04:25 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
If a normal person can't feel safe buying bitcoins online, how will bitcoin survive?

Even if they do own bitcoins and don't feel safe that they will be able to sell them, no one will buy them.

Listen, bitcoin is NOT a political statement, a currency or a form of money transfer if people don't feel safe doing it!
 Quoting: Anonymous Coward 76405746


So don't buy Bitcoin. How often do you buy dollars?
 Quoting: Anonymous Coward 77909960


Daily!

I exchange my labor for fiat dollars.

No corporate employer exchanges labor for bitcoins.

And almost no shops, stores, retailers except bitcoins, they all however accept fiat dollars.
Anonymous Coward
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08/16/2019 04:27 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
If a normal person can't feel safe buying bitcoins online, how will bitcoin survive?

Even if they do own bitcoins and don't feel safe that they will be able to sell them, no one will buy them.

Listen, bitcoin is NOT a political statement, a currency or a form of money transfer if people don't feel safe doing it!
 Quoting: Anonymous Coward 76405746


So don't buy Bitcoin. How often do you buy dollars?
 Quoting: Anonymous Coward 77909960


Daily!

I exchange my labor for fiat dollars.

No corporate employer exchanges labor for bitcoins.

And almost no shops, stores, retailers except bitcoins, they all however accept fiat dollars.
 Quoting: Anonymous Coward 76405746


Who gives a fuck what corporates do? Lol.
Anonymous Coward (OP)
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08/16/2019 04:28 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
no. they have decentralized dexs now.
 Quoting: Anonymous Coward 74950944


Explain.
 Quoting: Anonymous Coward 76405746




decentralized exchanges (DEXs).. your coins never leave your hardware wallet until you make the trade.

here is one: [link to idex.market (secure)]
 Quoting: Anonymous Coward 74950944


Listen!!!

It doesn't matter WHERE the exchange is!

What matters is HOW you turn fiat money into BTC and visa-versa.

If you can't use or don't feel safe using your credit card at these decentralized exchanges, how do you buy or sell the BTCs?
Anonymous Coward (OP)
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08/16/2019 04:30 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Who gives a fuck what corporates do? Lol.
 Quoting: Anonymous Coward 77909960


Unless you are a drug dealer, almost everyone on Earth!
Anonymous Coward (OP)
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08/16/2019 04:31 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Well, they better acct fast.

If they wait much longer, it will be the inverse: if they cut off btc exchanges, fiat dies.

Fiat is Medusa, gold is Perseus, and crypto is a mirror. The outcome of this battle is already known.
 Quoting: Anonymous Coward 77909960


Ha,ha! Not when almost every person in the world supports them!
 Quoting: Anonymous Coward 76405746


U serius? Don't you see how quickly that can change?

 Quoting: Anonymous Coward 77909960


No I don't.

Explain to me how that can happen.
Anonymous Coward
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08/16/2019 04:32 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
If a normal person can't feel safe buying bitcoins online, how will bitcoin survive?

Even if they do own bitcoins and don't feel safe that they will be able to sell them, no one will buy them.

Listen, bitcoin is NOT a political statement, a currency or a form of money transfer if people don't feel safe doing it!
 Quoting: Anonymous Coward 76405746


So don't buy Bitcoin. How often do you buy dollars?
 Quoting: Anonymous Coward 77909960


Daily!

I exchange my labor for fiat dollars.

No corporate employer exchanges labor for bitcoins.

And almost no shops, stores, retailers except bitcoins, they all however accept fiat dollars.
 Quoting: Anonymous Coward 76405746




right, but when pcs came out in the 80's, everyone was still using typewriters. we had to pry those typewriters out of people like you hands too. it was mostly older generations who could not comprehend the advanced technology pc revolution. same thing happened in the 90's during the internet revolution. people could not comprehend shopping w/o going to a mall. and then the 2000's cell phone revolution when people did not want to give up their payphones. u are having a hard time accepting that the USD is back by debt is an outdated debt slavery technology.
Anonymous Coward
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08/16/2019 04:34 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
no. they have decentralized dexs now.
 Quoting: Anonymous Coward 74950944


Explain.
 Quoting: Anonymous Coward 76405746




decentralized exchanges (DEXs).. your coins never leave your hardware wallet until you make the trade.

here is one: [link to idex.market (secure)]
 Quoting: Anonymous Coward 74950944


Listen!!!

It doesn't matter WHERE the exchange is!

What matters is HOW you turn fiat money into BTC and visa-versa.

If you can't use or don't feel safe using your credit card at these decentralized exchanges, how do you buy or sell the BTCs?
 Quoting: Anonymous Coward 76405746


Earn your btc, sell your dollars, don't go back to dollars except taxes. That's all dollars are good for. Taxes. Problem solved.

You don't need dollars, credit cards, debit cards, paper checks, cash, coin, bank fees, bankers, wire fees, origination fees, drop the middle man.

You sound like someone arguing that online retail will never catch on circa 1999
MountainTux NLI

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08/16/2019 04:38 PM

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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
How much is bitcoin worth without electricity?
 Quoting: Icey


Shut up you dumb fucker!
 Quoting: Anonymous Coward 76405746


Err... if you want to see the dummy, go look in a mirror. Icey just made the single most intelligent statement in this thread.

"Hmm, I seem to have unplugged the server, and I have NO backup. I guess you no longer have fiddy Shitcoins... so solly!"

lolatu

Paper money has no more actual worth, but when the lights go out people will still take a fiver for a coffee. Try doing that with air - which is exactly what Shitcoin is. An idea which only has value if you believe it does. More of this new kids "manifesting" crap... I want it to be worth something so it is.

Hell, you'd be better off with a rat on a string.

penguin
ad ignorantiam - The assumption of a conclusion or fact based primarily on lack of evidence to the contrary. Usually best described by, “absence of evidence is not evidence of absence.”
Anonymous Coward (OP)
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08/16/2019 04:39 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
right, but when pcs came out in the 80's, everyone was still using typewriters. we had to pry those typewriters out of people like you hands too. it was mostly older generations who could not comprehend the advanced technology pc revolution. same thing happened in the 90's during the internet revolution. people could not comprehend shopping w/o going to a mall. and then the 2000's cell phone revolution when people did not want to give up their payphones. u are having a hard time accepting that the USD is back by debt is an outdated debt slavery technology.
 Quoting: Anonymous Coward 74950944


How can you be so stupid?

YOUR GOVERNMENT DOES NOT WANT BITCOIN TO SURVIVE!


Banks are told NOT to support it!

Stores are told NOT to take it.

BTC Exchanges are not controlled against fraud.

People can't collect wages in BTC.

Forget about how great you believe bitcoin to be! Most people cannot support a currency unless their government supports.

Just a fact! Not a political statement!
Anonymous Coward
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08/16/2019 04:41 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Or just cut the power. Or internet.
Anonymous Coward
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Slovakia
08/16/2019 04:41 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Decentralized exchanges are ways to trade one crypto for another without any regulation. They have the same ability to avoid regulators that the coins themselves do.

However, you cannot buy-in fiat for crypto on decentralized exchanges.

On the other hand, when all fiat currencies really start to hyper-inflate in the near future, there will be a massive buy-in on crypto since crypto is a real store of value tied to a known "oracle" which at this point in time is the price of electricity.

Different "oracles" are being tested, but right now the average price of electricity is the one exclusively used.

An oracle is a way for the various crypto algos to tie themselves to real world values.

So, again:

Global Financial Depression will bring huge pressure to move assets to something denominated in non-fiats. People will be wise to hold on to land or other physical assets (a house is not a physical asset, fyi), but won't want to because of lack of liquidity. Fiats will go up in flames and people will abandon them as fast as they can. Very little trading will go through exchanges, rather it will happen on the street, phone to phone.

I am pretty sure the big banks will offer a 5:1 trade in to their own crypto (probably the retarded coin, Ripple)... that might be a signal? Not sure... but when Ripple hits $5.00 there will be a general offer to all bank accounts to transfer all one's assets in USD to Ripple if one wants. Or it might be forced. Ripple won't really be worth $5, it'll be worth $1-ish, but in the hyper-inflation, people will not know what is happening when Ripple suddenly burns a huge number of coins and the Ripple value rockets arbitrarily to $5, then never appreciates as the rest of the crypto world follows the expected logarithmic curve, mercilessly adjusted for inflation.

Anyway... just put 10% of your paycheck or savings in to some crypto. Bitcoin Cash is good, jost not Ripple. Even a tethered coin is fine.

If possible, find a crypto meetup and buy direct from holders.
Anonymous Coward
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08/16/2019 04:43 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
BTC was around before the exchanges. People were buying and selling with cash through the mail.
Anonymous Coward (OP)
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08/16/2019 04:43 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Earn your btc, sell your dollars, don't go back to dollars except taxes. That's all dollars are good for. Taxes. Problem solved.

 Quoting: Anonymous Coward 77909960


Today there are only a few ways to earn bitcoin, drugs, money laundering and mining.

And almost NO retail in the world accept bitcoin for payment. Just illegal drug sellers.

No wonder most people fear bitcoin.
Anonymous Coward (OP)
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08/16/2019 04:44 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
BTC was around before the exchanges. People were buying and selling with cash through the mail.
 Quoting: Anonymous Coward 77344644


Cash through the mail! Holy fuck!

That's worse than using fiat money! In fact, it IS using fiat money!
Anonymous Coward
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08/16/2019 04:46 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
Earn your btc, sell your dollars, don't go back to dollars except taxes. That's all dollars are good for. Taxes. Problem solved.

 Quoting: Anonymous Coward 77909960


Today there are only a few ways to earn bitcoin, drugs, money laundering and mining.

And almost NO retail in the world accept bitcoin for payment. Just illegal drug sellers.

No wonder most people fear bitcoin.
 Quoting: Anonymous Coward 76405746


I'm a programmer. I get paid in ETH.
Anonymous Coward
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08/16/2019 04:46 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
They just put in a machine at my local party store that allows you to insert cash to buy BTC. You can also sell BTC to the machine and it spits out cash like an ATM. Forgot the name, “coinbuy” or something.
Anonymous Coward
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08/16/2019 04:47 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
BTC was around before the exchanges. People were buying and selling with cash through the mail.
 Quoting: Anonymous Coward 77344644


Cash through the mail! Holy fuck!

That's worse than using fiat money! In fact, it IS using fiat money!
 Quoting: Anonymous Coward 76405746


No, its divesting oneself of fiat.

I bought my first BTC this way... $200. That is a hilarious memory. I thought I was scammed for sure.

Nope, my BTC showed up 3 days later. It was an eye-opening experience.
Anonymous Coward (OP)
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08/16/2019 04:48 PM
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Re: Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!
However, you cannot buy-in fiat for crypto on decentralized exchanges.


 Quoting: Anonymous Coward 77926857


Since almost the whole fucking world is paid with fiat currency? How are most people supposed to get bitcoins? Or sell them?

Can't you see how this is sure to fail?





GLP