Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by delaaxe on Sunday January 31, 2021 @05:52PM
(#25983415)
Gold is also almost never used as a currency. BTC's product market fit is store of value, not medium of exchange
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Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by doggosphere on Monday February 01, 2021 @11:42AM
(#25990257)
Gold was a currency. It evolved from rocks in the dirt, to gold coinage, to paper coupons, to whatever the hell instrument it is today.
You stored your gold in a bank, and the bank gave you paper coupons to redeem it. People traded the coupons because it was easier than trading the gold. This is the birth of modern day banking.