this post was submitted on 04 Nov 2024
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Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

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A week of failing to pay with bitcoin in El Salvador (reason.com)
submitted 2 weeks ago* (last edited 2 weeks ago) by sc_griffith@awful.systems to c/buttcoin@awful.systems
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bonus HN thread https://news.ycombinator.com/item?id=42014013 :

> For online service.. a $80 purchase costs at least $2.00. For a online purchase for computer hardware I paid over $45 for a $2k purchase. BTC fails hard in the real world as far as I'm concerned. The little I have left from mining while the sun was up, I'll use for just silly purchases online. > What you're missing is that it costs the same $2.00 to transfer $1T-worth of bitcoin. Try that with anything else that offers final settlement.

archive: https://archive.ph/osPSg

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[–] swlabr@awful.systems 3 points 2 weeks ago

$1T-worth

Ahhh yes. After putting all my money into blockchain I’d forgotten how to count that low