Yes I’m sure the 7-11 cashier would love for me to try this.
Ciderpunk
joined 1 year ago
I said generally. Your parents who get paid in local currency for their job are not trading in foreign currencies. The fact that rich people can find ways to squeeze more money out of just about anything isn’t a win for cryptocurrencies.
People generally don’t trade currencies as commodities or treat them as investments. When the same people promising crypto is totally a currency actually start treating it like a stable currency to exchange for goods and services and not an investment or commodity to be traded, I might revisit it. For now, the evangelists refuse to walk the walk.
Hard disagree here, I literally cannot access a cryptocurrency without power but I can absolutely pay cash to buy some water during a power outage.
The only two countries that accept bitcoin as a legal tender are noted powerhouses El Salvador and the Central African Republic… not exactly world leaders.
Tangible items can have utility in the real world, where cryptocurrencies can never be anything more than numbers on a display.
Gold can be used in electronics, and I get that people are mad that currencies are just something we all mutually agree have value, but generally speaking powerful governments back those up. Cryptocurrency is backed up by people promising it’s totally gonna be a real currency any second now. Please ignore that crypto can wildly fluctuate in value which generally a horrible thing for a currency to do.
Crypto is hated because it’s an MLM for terminally online people.
It gains value because people want it and people want it because it gains value is both a perfect description of cryptocurrency and scams.
If conservatives had any media literacy, they wouldn’t be conservatives anymore.
Not quite. It’s largely because a manager decided that an important metric for Google to be better at was “how much time users spend on the results page” which turns out you can game by just making the results worse so users have to stay there longer. Management made a decision to focus on metrics that are counter to what users would actually want because… well, here’s a better article that explains it:
https://www.wheresyoured.at/the-men-who-killed-google/