this post was submitted on 13 May 2024
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Bitcoin

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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation, corrupt bankers and politicians. With Bitcoin, you can be your own bank.

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I just found it really funny that the Bitcoin haters at /r/Buttcoin are talking up how banks are avoiding Bitcoin but the top comment confirming this admits there is massive client side demand from institutions and family offices...

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[โ€“] [email protected] 2 points 4 months ago

I usually don't interact with them, I just check out the sub from time to time. Some are actually pretty reasonable and have similar beliefs to Bitcoin maxis, calling out a lot of crypto scams, they just happen to also hate bitcoin on top of that ๐Ÿ˜‚. I wouldn't go as far as calling it a troll sub.