You are viewing a single thread.
View all comments View context
37 points

You see, no one actually wants a digital currency. There have been several (nano was my favorite) that functioned especially well as a currency, because it used very little compute power to perform or verify transactions.

But a currency is stable. Which means you don’t magically make money by holding or trading it. So it doesn’t get attention, and therefore doesn’t get widely adopted.

Everyone likes Bitcoin because it’s speculative digital gold.

permalink
report
parent
reply
2 points

It’d be nice to have a singular system for payment around the world. I work on e-commerce sites that take payment in many different countries, and some of those payment providers are better designed than others.

permalink
report
parent
reply
2 points
*

Name one stable currency. All currency fluctuates (Forex trading). But yes, crypto is very volatile comparatively

permalink
report
parent
reply
1 point

How many more decades do you think until crypto stabilizes?

permalink
report
parent
reply
2 points
*

I don’t think investors in crypto want it to lose volatility. But again, all currencies are subjected to volatility. No currency is perfectly stable. Hence, derivatives.

permalink
report
parent
reply
16 points

There are plenty of people who want a digital equivalent to cash from a privacy perspective.

permalink
report
parent
reply

solarpunk memes

!memes@slrpnk.net

Create post

For when you need a laugh!

The definition of a “meme” here is intentionally pretty loose. Images, screenshots, and the like are welcome!

But, keep it lighthearted and/or within our server’s ideals.

Posts and comments that are hateful, trolling, inciting, and/or overly negative will be removed at the moderators’ discretion.

Please follow all slrpnk.net rules and community guidelines

Have fun!

Community stats

  • 5.8K

    Monthly active users

  • 308

    Posts

  • 4.3K

    Comments