this post was submitted on 01 Feb 2025
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Bitcoin is now literally digital gold, it has absolutely no value other than scarcity and you betting on people thinking it will be more valuable in the future, it's a money store, where you hopefully don't lose money, or don't accidentally click on a link that loses you all of your money, but most of bitcoin was bought ip by wallstreet and they built etfs around it, so it's not as much of a risk as it used to be, I still wouldn't touch it
It is the fastest and more reliable way to send money to someone in russia, iran or venezuela or to anyone in the world if you want to rely on a decentralized open source system like the one you are on.