this post was submitted on 12 Jun 2024
244 points (91.8% liked)
Technology
59123 readers
2973 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
More and more people have used it or would use it or are interested in using it.
But they're almost all using it STUPIDLY, aren't they?
How many people who purport to have Bitcoin actually hold their own private key?
Now you make a very fair point there. If you hold Bitcoin on an exchange or an ETF or somebody else holds it for you, you don't own Bitcoin. That's for sure. In those cases, you hold an IOU for Bitcoin. And that's worth just about as much as it sounds. In other words, shit.
How many people hold a key to their bank's vault or deposit box?
Safe deposit box?
Everyone who has one, I hope.
It's called a Bitcoin "wallet", too. If someone else is holding yours, it's not your money.
How is that relevant? He's looking for votes, not to change what currencies people use.