BITCOIN as an alternative to regular currency

[ruthlessimon]

Bitcoin as having higher risk than the 'normal currency'

For one-off high value virtual sales I can see the value, becuase one successful chargeback = total loss. Crypto flips that risk to the buyer.

If I'm selling a £50000 cs2 skin to someone in Uzbekistan, I'd rather take a 10% hit, than a 100% hit

But if I'm dealing volume (retailer), I agree, crypto/gold is worse than fiat.

[firlandsfarm]

For one-off high value virtual sales ... a £50000 cs2 skin to someone in Uzbekistan ...

What??? Help, I live in a virtual cave!

[ruthlessimon]

For one-off high value virtual sales ... a £50000 cs2 skin to someone in Uzbekistan ...

What??? Help, I live in a virtual cave!

Bro, to a subset of shut-in Zoomers, a £50k CS2 skin is basically a top-end Rolex. Some nutters have 100% of their net worth tied up in this stuff.

https://www.forbes.com/sites/danidiplac ... explained/