Comment by hypeatei
10 hours ago
No, via direct deposit. I had a co-worker once who miskeyed his routing+account numbers and guess what? He still got his money a few days later and it wasn't lost to the void.
There is no blockchain, seed phrases, nor cold wallets required for this amazing feat of money transfer/remediation to take place.
Great! Maybe the government should stop over regulating the banking system so the same protection will also be available to someone who buys drugs.
Wait, is the argument now that cryptocurrency only exists and is useful for buying drugs? It's tough to keep track of what point you're trying to make
If your argument is that Bitcoin is only good for illicit purchases, then I sort of agree with you but there are better alternatives like Monero. Regardless, you would agree that current valuations are insane given that's the only real use-case, right?
Also infrequent purchases != storing wealth in Bitcoin.