this post was submitted on 14 Sep 2023
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It’s all a scam, don’t even try to tell me it’s useful (i.imgur.com)
submitted 2 years ago by Custoslibera@lemmy.world to c/memes@lemmy.ml
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[–] Rambi@lemm.ee 14 points 2 years ago* (last edited 2 years ago) (1 children)

I mean it is very very useful for specific purposes, like purchasing, uh, certain substances in certain, uh... unregulated online marketplaces.

As far as being a currency for other purposes goes though, I think it is incredibly unfit for purpose. And as far as being an investment vehicle goes it's essentially a ponzi scheme.

[–] BartsBigBugBag@lemmy.tf 4 points 2 years ago

Also the hands down best way to do remittances. No more will WorldRemit steal 15% of my remittance, nor screw me on the exchange rate.