• TheGrandNagus@lemmy.world
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    9 months ago

    Yes, cryptocurrencies, aka “currencies”, are used for buying goods and services.

    No no no. Cryptocurrencies aren’t used for buying goods and services outside of extremely fringe scenarios.

    People trade them like they do stocks. You can pretend that’s not the case all you want, but you know it to be true.

    I can’t go to Aldi and pay for my shopping with bitcoin or whatever shitcoin you hold. I can’t pay my bills with it. I can’t go get a haircut with it.

    All I can do is treat it like a stock.

    Energy consumption is a great point if you ignore the material resource acquisition cost, worker cost, production cost, sundry cost, hardware cost, conventional debit and credit fees, service personnel cost, data centers, servers, and telecommunication network costs of conventional currency infrastructure

    I’m not ignoring any of that. Crypto still uses far more, and to top it all off, can’t really be used as a currency.

    You cryptobros have been saying crypto will replace real currency any day now for years. It’s not happening. Sorry to burst your bubble.

    • Varyk@sh.itjust.works
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      9 months ago

      Yes, you can buy groceries or a haircut with cryptocurrency.

      Because most of them are less than a decade old, it isn’t as widespread as many more established currencies, but you can absolutely buy groceries, buy a haircut, eat at restaurants, buy a house, buy a car, pay utility bills, obviously pay for various forms of entertainment like twitch, hardware at newegg, there’s tons of stores that you can use cryptocurrency.

      You can also buy gift cards with cryptocurrency that you can use for literally anything.

      It’s fine if you don’t like it, but people are using it as a currency to purchase any type of material good you would purchase with conventional currency.

      You keep throwing your tantrum about how cryptocurrency is going nowhere while it grows by 100 million per year and many of the world’s governments are developing and purchasing cryptocurrencies.

      They’re probably developing those cryptocurrencies for fun, right?

      It’s probably like that dumb digital debit and credit card system they came up within the '70s.

      Total bullshit, credit and debit cards.

      Good thing that credit rating system never caught on, huh?

      • BleatingZombie@lemmy.world
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        9 months ago

        Where? Where do you see that? I’ve literally never been to a grocery store or hairdresser that accepts ANYTHING other than cash or card (maaybe checks)

        • Varyk@sh.itjust.works
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          9 months ago

          Haha, checks! Yeah, we live in different areas.

          Whole Foods(this little supermarket chain) accepts crypto, coffee shops, bars, hair stylists, there’s a bunch of places.

          Might want to open those peepers.

          • TheGrandNagus@lemmy.world
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            9 months ago

            Ok, I’ll pick a few random cities, and you show me a handful of supermarkets, cafes, bars, and barbers that all apparently happily accept crypto.

            San Antonio, US

            Newcastle Upon Tyne, UK

            Hamilton, NZ

            Deventer, Netherlands

            You obviously won’t have an issue, because it’s so common for crypto to be used as a proper currency

            • Varyk@sh.itjust.works
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              9 months ago

              Obviously not.

              San Antonio:

              Whole foods

              Chevron

              Tiger mart

              Food Mart

              Ecobox

              Tax services

              Pizza places, repair companies, there are literally hundreds.

              Do you have something specific in mind?

              Newscastle upon Tyne:

              5wire

              Academy for distance learning

              Tech companies

              Travel companies

              Clothing companies

              Watch companies

              Do you want something specific?

              NZ and the Netherlands - also hundreds.

              Why don’t you go try using your US currency in New Zealand, the Netherlands and the UK, or try using NZD in Vanuatu?

              That’ll work out great for you.

              It’s right in line with you continually proving yourself wrong.

              • TheGrandNagus@lemmy.world
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                9 months ago

                Hahaha you’re not even providing examples! You’re just saying “uhhh oh yeah mate. Hundreds. Hundreds of them. I’m not going to mention any, but yeah, hundreds. You can’t get moved for them.”

                Why would I use the wrong currency for a country? That makes no sense. Yet another crappy strawman.

                • Varyk@sh.itjust.works
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                  9 months ago

                  The examples you ask for are literally in the previous comment.

                  Do you need help reading them?

                  That would explain a lot of your confusion.

                  Stop using the word strawman incorrectly, since you obviously don’t know what it means.

                  • TheGrandNagus@lemmy.world
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                    9 months ago

                    They aren’t. You’re just baselessly insisting there are hundreds.

                    I’ll stop bringing up strawmanning when you stop doing it.

                    Strawmanning is when you misrepresent or make up part of someone’s argument so you can then dismantle it. Like you did when you brought up other currencies. I never said you can use the Algerian Dinar in a cafe in Copenhagen.

      • TheGrandNagus@lemmy.world
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        9 months ago

        Cool. I’ll explain this to the person at the till next time I’m buying some milk, then I’m sure they’ll accept my dickbutt coin.

        People are developing crypto as a gamble/investment. Not as a real currency.

        And lol at you saying crypto is like debit/credit cards. It isn’t.

        • Varyk@sh.itjust.works
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          9 months ago

          They probably won’t take such a disused currency.

          But you can use more popular crypto to buy groceries, yes.

          Look at you, confident that digital currency is fundamentally different than…digital currency.

          • TheGrandNagus@lemmy.world
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            9 months ago

            No I can’t. I go to a supermarket and I can pay with my local currency and that’s it.

            I go to local restaurants and I can pay with my local currency and that’s it.

            I go to my barbers and I can pay with my local currency and that’s it.

            I go to a pub and I can pay with my local currency and that’s it.

            I pay my energy bills and I can pay with my local currency and that’s it.

            I pay my ISP bills and I can pay with my local currency and that’s it.

            I go to a car wash and I can pay with my local currency and that’s it.

            I pay taxes and I can pay with my local currency and that’s it.

            Etc.

            Places don’t accept crypto. Crypto isn’t used as a currency for the vast vast vast majority of people who hold crypto, nevermind society as a whole.

            Look, I get you’re a massive cryptobro, crypto is your life, you have a little tramp stamp of the bitcoin logo on your lower back, you speak to people about how any day now the real currencies are gonna die and crypto will take over, trust me bro™. But the real world is different to the one that appears to exist in your head.

            Look at you, confident that digital currency is fundamentally different than…digital currency.

            Look at you, being a smarmy cunt and putting words in my mouth I’ve never said.

            The issue with crypto as a currency isn’t that it’s digital, it’s that it’s literally not a currency. That’s what makes them different.

            So yeah, using a bank card and paying with real money is very different to trying to use a digital “currency” and not be able to live because nowhere will touch it.

            • Varyk@sh.itjust.works
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              9 months ago

              You are confidently incorrect.

              Being confidently incorrect still leaves you incorrect.

              Whole Foods, this little chain you might not have heard about, accepts crypto.

              You can choose not to use cryptocurrencies, but that doesn’t mean cryptocurrencies aren’t widely accepted.

              Cryptocurrency is accepted in many places.

              I’m being factual, you’re throwing a tantrum because you’re wrong.

              • TheGrandNagus@lemmy.world
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                9 months ago

                Never heard of whole foods. You shouldn’t assume people are from wherever you’re from. I’m guessing it’s a food shop?

                But congratulations, you’ve named one company 🎉👏

                You’ll note that I’ve been saying there’s practically nowhere that accepts crypto, not literally nowhere on planet earth. So well done on your strawman, but it doesn’t contradict what I’ve said at all.

                People use crypto as a stock. Not a currency.

                Widely accepted

                Haha hahahahaha

                HAHA HAHAHAHAHA HAHAHA

                HAHAHAHA HAHAHAHA

                AHAHAHA

                HAHA HAHAHAHAHA

                hahaha

                ha

                HAHAHAHAHAHAHAHAHA

                I’ll stick to using real money. If I called up my mortgage provider and said “oh I’m not going to be paying in £ anymore, but I can give you Monero!” I’d be evicted pretty damn quick. As would you if you paid any bills.

                • Varyk@sh.itjust.works
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                  9 months ago

                  By all means, broadcast your ignorance in force.

                  Your argument is that grocery stores don’t accept cryptocurrency.

                  Now you’ve learned that at least 500 grocery stores do.

                  Microsoft accepts crypto. Have you heard of Microsoft? Or is the underside of your rock totally empty?

                  Have you heard of AT&T? AMC theaters?

                  How many more examples of your ignorance would you like?

                  • TheGrandNagus@lemmy.world
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                    9 months ago

                    No, my argument is that it’s not really used as a currency, but treated like a stock. Which is true.

                    Even for the few people who intend to pay using it, the vast majority of places don’t accept it.

                    Now you’ve learned that at least 500 grocery stores do.

                    I’ll take your word for it, cryptobro. As I’ve stated, I haven’t heard of that retailer.

                    Have you heard of Microsoft?

                    Yup. But when I go on their site I don’t see any option of paying with crypto. I’ve tried the Windows/Office sites, as well as the Minecraft site that they obviously own.

                    Have you heard of AT&T? AMC theaters?

                    No and no.

                    You’re again assuming I’m from wherever you’re from. Almost certainly the US, as when people assume everyone knows about some random thing in their country, it’s usually an American.

                    Ok so I looked it up and apparently AT&T is an ISP. So I looked at mine. BT? No crypto. Virgin Media? No crypto. Sky? No crypto. EE? No crypto. Vodafone? No crypto.

                    For cinemas, Vue, Odeon, Cineworld all also don’t have crypto payments.

                    Widely accepted indeed lmao