re: Why bitcoin is worse than a Madoff-style Ponzi scheme

quote:

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How would you like them to answer?

I can tell you how much that dollar in your pocket is in satoshis, if you’d like.

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I'd like for them to answer in a way that doesn't include any commonly trading currency that the rest of the world uses.

Now, I'm sure your rebuttal would be...."OK, so how much is that dollar in your hand worth?". My rebuttal to your rebuttal would be, "I can exchange that dollar for a variety of things agreed upon myself and another person."

There's not a facet of my life where it's incumbent on me to use crypto as a currency. I've asked many other people these questions offline. So far no one has been willing to exchange anything of value to me for any of the hundreds of different meme coins, crypto, or NFTs that keep popping up. They want cash and/or the equivalent for goods or services rendered (credit card, check).

I'm not saying these things aren't the future, but they sure aren't the present and don't anticipate that changing in the near future. I'm 47 and really don't see it changing in my life time.

Again, make crypto stand on its own as an exchangeable currency for goods or services rendered.