You can login if you already have an account or register by clicking the button below.
Registering is free and all you need is a username and password. We never ask you for your e-mail.
Bitcoin good for skipping over banks and payment processors. Lacks a lot of utility. Not widely accepted. Poor investment vehicle. Most uses are for drugs, kiddie porn, speculation, or hoarding. Acquiring and selling is a major pain. And you'll find it's user base incredibly cultish. Oh and despite all the bull about fiat dollars/fight the banks it's actually heavily reliant on the currencies it's supposed to compete with in order to make money from it. Companies that accept bitcoin are actually going through a payment processing company meaning they end up holding 0 actual bitcoins. And smaller users are still reliant on selling it themselves using a really flaky expensive process.
view the rest of the comments →
[–] DangerGoat 0 points 1 point 1 point (+1|-0) ago
Bitcoin good for skipping over banks and payment processors. Lacks a lot of utility. Not widely accepted. Poor investment vehicle. Most uses are for drugs, kiddie porn, speculation, or hoarding. Acquiring and selling is a major pain. And you'll find it's user base incredibly cultish. Oh and despite all the bull about fiat dollars/fight the banks it's actually heavily reliant on the currencies it's supposed to compete with in order to make money from it. Companies that accept bitcoin are actually going through a payment processing company meaning they end up holding 0 actual bitcoins. And smaller users are still reliant on selling it themselves using a really flaky expensive process.