this post was submitted on 20 Aug 2024
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[–] circuscritic@lemmy.ca 23 points 3 months ago* (last edited 3 months ago)

lol

Forever? No, of course not.

But paper currency is backed by a nation state, so I'm betting it'll be around a bit longer then a purely digital asset without the backing of a nation, and driven entirely by speculation.

I'm not even anti-crypto. It was novel idea when it was actually used entirely as a currency, but that hasn't been true for quite some time.