First World Fat Cat Jamie Dimon Doesn’t Understand Poverty, Bashes Bitcoin

lol i laughed at cointelegraphs wishy washy attempt to glaze over reality.
seems people are trying to preach to the converted, not realising that anyone reading this stuff already knows bitcoin isnt as free as the preacher (cointelegraph) makes out.

sorry but bitcoin has an exchange rate too, where the bitcoin receiver would add on a few percent to cover their side of the swap back to fiat. and the customer would lose a few percent getting their brazilian fiat into bitcoin.. thus 5%+ loss is usual due to variances between buys/sells(spread) and the fee's of the trades and the fee's of deposit/withdrawal..

also trying to make the gift card discounts a 'deal' of bitcoin is stupid. people can buy discounted giftcards with fiat too.. so the example of buying a $100 item for only $85 is not somethin only bitcoin offers. its something even fiat offers.

how about people admit that bitcoin has problems
EG exchange limits, fee's, AML/KYC headaches
EG fee wars
EG no longer decentralised (sarcastically thanking blockstream) and is becoming only 'distributed' instead

once people man up instead of sucking up. then things can get solved. but while people just glaze over bitcoins issues nothing will change and it just gets handed over to the bscartel and sandboxed into a 'failed experiment' while they move onto hyperledger.

the devs dont care about bitcoin being usd to purchase goods, they have admitted they prefer bitcoin to be a reserve currency not a payment currency. they also admit they dont care if bitcoin survives, even now 8 years on they call it an 'experiment'

its time people wise up and try to bash the devs, not the general public that may or may not want to use bitcoin.

Topic: First World Fat Cat Jamie Dimon Doesn’t Understand Poverty, Bashes Bitcoin (Read 90 times)