What about donating money to people online without giving away your name and privacy? What about avoiding scams for P2P transactions? What about boycotting the banking system? What about avoiding international payment fees?

These all seem valid use cases to me

First time I did it I thought I seriously fucked up

People will associate what you’re saying with pretty much everything even if it doesn’t make sense

Like how can one say that’s mansplaining and not just a baseless thought? What guarantees that they only do this with women?

And stubbornly entitled

Their uncle must’ve been rug pulled when buying a shitcoin or something and now they believe crypto is nothing but a scam

But yea there’s nothing to do. If you can’t educate them then let them stay in their ignorance if they like it. I just don’t feel that letting them spread their misinformation is a good thing

if you sell something for $1 at 10am your $1 still buys $1 at 10pm.

This is untrue for pretty much everything, even fiat. Everything is a market. A good example of this: stocks.

in crypto, it’s easily manipulated, and that’s by design.

Now this is just false. You’re just inventing fake facts here. You clearly know nothing of the history of crypto.

If I sell 1BT worth of something at 10am, it could be worth 2BT at 10pm, but it could also be worth .1BT equally.

Uhh no? 1 BTC will always be 1 BTC. Its value compared to other assets will change though. And in that case it would have less value indeed. You’re just allergic to high variations and high risks assets. Stocks is exactly the same. Some assets vary more than others. Let me assure you the value of BTC will never do a +/-10x in a day

tell me, what governing body or economy is crypto backed by?

Emission (POW, POS…) (or total stock), demand and offer and perceived value, just like everything on earth?

USA also claimed they owned all BTC that went through dark net markets. I don’t care what they think about X or Y thing

But yea that would be considered ML in many countries because you’re hiding the links and making it seem like normal money, which it should be imo

You don’t understand how crypto works it seems

It literally requires every connected wallet to process the same transactions as everyone else

That’s misleading. Your wallet scans blocks for transactions that goes to your wallet, but this is super fast for many cryptocurrencies. Wallets usually sync in seconds.

this is one of the reasons why even the relatively low amount of transactions that Bitcoin processes costs more electricity than a small modern country.

No. The main reason is block size and block emission period. Also, you’re completely forgetting the fact that non Proof Of Work cryptocurrencies exist, and have close to 0 electricity cost

The entire idea behind it is what a third grader might come up with and think it’s a great idea. It’s not.

If they do they’re pretty much a fucking genius for their age

Wtf are you talking about

Breaking news! Criminals (but not only) use crypto, and people get scammed. This happens as well with fiat, so that must surely mean fiat is a scam!

Flawless logic, really. You people impress me with your thinking.

If you mean through regulation, yes, partly

If you mean they hold most of it and thus have a total decision power, then I must disagree

That’s complete misinformation.

The point of blockchain is not to be traceable but not alterable or tamperable with unauthorized or false data. A distributed database that can’t easily be faked.

Some cryptocurrencies, like Monero, achieve high anonymity. While not perfect, good opsec will fix its flaws. Just like anything. That’s not the case with the majority of cryptocurrencies though, but saying anonymity is but an illusion is just false.

Who knows if they just reverted due to the outcry

That’s why it’s important to call out, even if it’s not a lot

This

No worries, we can still swap conventional coins to XMR. Many smaller countries are not interested in reguling it, and we already know a few exchanges that don’t give a fuck

that’s pseudonymous, but if you remove all links with your original identity, you can even use non-privacy coins and not be known

Anonymous / private payments

People really need to get over this idea that using crypto to buy things makes you anonymous.

And people should also know that there are privacy coins and mixers

Ever heard of BTC/any-> XMR -> BTC/any?

If you know your thing, you can churn, buy the initial crypto with gift cards, use VPNs or Tor… yea GL for finding me

Well I invented a story then haha

That’s the kind of thing that would be cool to do actually, but I’m not server savy enough to make a server that won’t die easily under attacks

paying in crypto is nice partly for this reason

But a lot of uneducated people will spam “crypto is a scam”