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You're Running Out Of Time (Bitcoin)

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    UWerentThereManUWerentThereMan Member, Swaye's Wigwam Posts: 3,475
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    haie said:

    I got a little excited for a moment through my blurry eyes seeing all the posts thinking conversation was stimulated, but I see that was not the case.

    It's not about the Internet, it's about servers and legislation.

    If people could stick a device into a slot to pay for whatever they wanted, anywhere, then that is a different story.

    Momentum died with 2020/covid and all the shit coins.
    They should make a law against child porn. And Bitcoin. Then try and stop both.
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    UWerentThereManUWerentThereMan Member, Swaye's Wigwam Posts: 3,475
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    Sledog said:

    IIRC Canada shut off the truckers bitcoin. Makes it jusr like a credit card or any other non cash method of payment if they can do that.

    You recall incorrectly. They shutoff the payment rails to convert it back to fiat. They didn't shut down the truckers Bitcoin.
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    SledogSledog Member Posts: 31,022
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    edited November 2023

    Sledog said:

    IIRC Canada shut off the truckers bitcoin. Makes it jusr like a credit card or any other non cash method of payment if they can do that.

    You recall incorrectly. They shutoff the payment rails to convert it back to fiat. They didn't shut down the truckers Bitcoin.
    So they could buy stuff? Like fuel, food etc?
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    UWerentThereManUWerentThereMan Member, Swaye's Wigwam Posts: 3,475
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    Sledog said:

    Sledog said:

    IIRC Canada shut off the truckers bitcoin. Makes it jusr like a credit card or any other non cash method of payment if they can do that.

    You recall incorrectly. They shutoff the payment rails to convert it back to fiat. They didn't shut down the truckers Bitcoin.
    So they could buy stuff? Like fuel, food etc?
    I can't buy gas with bitcoin today. They're not like debit cards at all. I suppose I could buy gas with a gold brick though? Trusty old gold is good on the spot
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    BleachedAnusDawgBleachedAnusDawg Member, Swaye's Wigwam Posts: 10,600
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    Sledog said:

    Sledog said:

    IIRC Canada shut off the truckers bitcoin. Makes it jusr like a credit card or any other non cash method of payment if they can do that.

    You recall incorrectly. They shutoff the payment rails to convert it back to fiat. They didn't shut down the truckers Bitcoin.
    So they could buy stuff? Like fuel, food etc?
    I can't buy gas with bitcoin today. They're not like debit cards at all. I suppose I could buy gas with a gold brick though? Trusty old gold is good on the spot
    Gold is actually a tangible thing that has proven to have value for thousands of years.
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    DerekJohnsonDerekJohnson Administrator, Swaye's Wigwam Posts: 60,233
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    haie said:

    I got a little excited for a moment through my blurry eyes seeing all the posts thinking conversation was stimulated, but I see that was not the case.

    It's not about the Internet, it's about servers and legislation.

    If people could stick a device into a slot to pay for whatever they wanted, anywhere, then that is a different story.

    Momentum died with 2020/covid and all the shit coins.
    Worse case scenario they could shut off the on/off ramps like Cash App or Swan and make it illegal in America, but the Bitcoin would just flow elsewhere and those areas will flourish
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    DerekJohnsonDerekJohnson Administrator, Swaye's Wigwam Posts: 60,233
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    Funny how everyone hoards Bitcoin but doesn’t use it to make transactions except outside the shady strip mall barbershop that’s probably a front for the mob. They hold it because number go up. The psychology of Bitcoin is fascinating. I can’t wait for all the in-depth documentaries one day.

    We are in the golden age of fraud and I’m here for the lulz.

    I offered to donate to Derek with it. Not saying it isn't shady, but I'm not hoarding it.

    @DerekJohnson offer still stands, I can pay on lightning or on chain. Shoot me an invoice ⚡️
    Oh you said you could send BTC or mail a check, so I gave you the mailing address. I wasn't sure you were fully serious out BTC.
    My bad. Meant to infer that BTC was the preferred method since it doesn't involve stamps and shit. Should see the donation in your cash app now. Enjoy the shadowy programmer money on drugs or whatever 😂
    Thank you very much for supporting the site
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    UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 14,309
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    Sledog said:

    Sledog said:

    IIRC Canada shut off the truckers bitcoin. Makes it jusr like a credit card or any other non cash method of payment if they can do that.

    You recall incorrectly. They shutoff the payment rails to convert it back to fiat. They didn't shut down the truckers Bitcoin.
    So they could buy stuff? Like fuel, food etc?
    I can't buy gas with bitcoin today. They're not like debit cards at all. I suppose I could buy gas with a gold brick though? Trusty old gold is good on the spot
    Gold is actually a tangible thing that has proven to have value for thousands of years.
    Lotta gold being traded during catastrophic emergencies?
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    UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 14,309
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    Cartels use BTC. That alone is billions(probably trillions) in market cap being used for transactions. Nevermind all the shady globalist shit that no doubt gets traded.

    Then you have all the small cap trading in the black market. The local drug dealer around here knows how to use smart contracts.

    And technically I could mail Derek a flash drive. Cold storage of BTC/crypto is a thing.

    User adoption(outside of the big brokers) is the real cliff hanger right now. The government wants to erect barriers to entry as high as possible for obvious reasons. CBDC is dead as a competitor(hopefully for us all).
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