> Yeah, no, that's simply not true. There's lo-jacks, there's DOT owned cameras, there's the police.

And if someone steals the keys to cryptocurrency you can transfer your balance before. If someone scraps a car, you don't get it back. The asinine argument would be to pretend cryptocurrency is somehow unique here.

> Well you should tell the Ethereum foundation lol.

You brought up ethereum stuff as a diversion and a gish gallop instead of admitting that what you originally said was not just hyperbolic but a lie. This has nothing to do with anything except for you to ignore what contradicts everything you say.

> I have no idea what kind of transaction you're talking about, and it's clear you don't either. Anything that takes a while is simply factored via lending. This is not a problem that exists in reality, just contrived.

Once again, just because you don't know something, it doesn't mean that no one else does. How do you think charge backs work? Credit card transactions take a month to clear and make it to the vendor.

> That 3%, by the way, exists primarily in the US.

And? You were making an argument that credit cards somehow negate benefits of cryptocurrencies.

> By the way, acceptance of credit increases average ticket size for merchants about 20%, and reduces their costs associated with managing cash.

And? This isn't about credit cards, you said no one wanted anything that cryptocurrency does.

> I'm sorry but they don't. The countries with the largest crypto penetration are Nigeria (where it's now illegal and dropping) and the US. It's less than 5% in the US and less than 1% globally.

They do. Again, repeating your assertions isn't evidence. First you said no one uses it and no one wants it. Now you are back peddling into saying "it's only millions of people". Here is some actual information instead of hallucinated nonsense to try to shift around from your original claims - 106 million people are estimated to be cryptocurrency users.

https://markets.businessinsider.com/currencies/news/crypto-u...

> It's been 13 years. There's high school students younger than Bitcoin.

This means nothing.

> Nobody in these countries is interested in paying a months salary in transaction fees for a coffee -

No one is making an argument for bitcoin. I explicitly said that already and you copied and pasted it. Then you still argue against something you hallucinated.

> or to dump their live savings into an easily scammable store of value that fluctuates 20% day over day. [citaiton needed] on your part.

All of this is nonsense and reeks of desperate frustration to validate hating something instead of understanding it.

> Competitors are only cheap because nobody uses them. This is the crypto way.

Bitcoin Cash has more transactions that bitcoin and 32x the transaction throughput. Monero has a dynamically increasing block size with gradual penalties for outlier large blocks. What you are saying is completely disproven by these two examples alone.

https://bitinfocharts.com/comparison/transactions-btc-bch.ht...

> It is if the intrinsic characteristics of the currency are the reason you no longer have it. Trustlessness, censorship resistance, decentralization - this is why $2B could flee in the first place. And be fenced. You can't do that with traditional currencies.

They didn't really have it in the first place, just like paypal. They had a number and never touched cryptocurrencies. You should tell all the people with frozen paypal accounts that this "can't happen with traditional currencies". You should also tell the citizens of Moldova.

https://en.wikipedia.org/wiki/Moldovan_bank_fraud_scandal

You should also tell the Bangladesh bank that was hacked and -used to make over $100 million in SWIFT transactions from the Federal Reserve in New York-. They would be pleased to know this can't happen with "traditional currencies".

https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery

> Sure, I do, thanks to TransferWise Borderless

That's interesting that you mention them, since they make heavy use of ACH, which takes 3-4 business days to clear, and receiving USD wire transfers costs $7.50.

Once again though, you said "no one wants" cryptocurrencies. 100 million people want them and your own anecdotes don't mean anything.

> And everyone would say we don't need to spend a country of power so some ancaps can trade spreadsheet cells :)

This is nonsense to avoid talking about reality.