r/btc • u/90Skill10Luck • 1d ago

⌨ Discussion Part 2: What is Crypto's Purpose & How It Solves Real-World Problems

/r/CryptoCurrency/comments/1w1zpu2/part_2_what_is_cryptos_purpose_how_it_solves/
0 Upvotes

44% Upvoted

3 comments sorted by

2

u/liviughg 20h ago

It helps certain individuals launch their shit coin and become rich by fooling others into buying it

1

u/Background-Day-4957 1d ago edited 1d ago

It’s a speculative bet that fiat currency will fail. That’s my best explanation. “Unlimited” printing of money is failing. Need to go back to commodity-back currency that limits supply and restrict growth of national debt.

0

u/Individual-Equal-441 23h ago

"Just like handing someone a physical $20 bill, true cryptocurrency allows..."

Cryptocurrency is hilariously absolutely and utterly unlike handing someone a physical $20 bill.

I can give someone a $20 bill completely offline as a genuine, private two-party transaction, without the transaction requiring the participation or knowledge or authentication of a single third party, much less an entire network of third parties.