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A comment on Cryptoqueen: A woman scammed the world, then vanished (2019). Parent comment

Re:Cryptoqueen: A woman scammed the world, then vanished (2019) by eloff on Saturday May 15, 2021 @05:52PM (#27169353)
Those properties mean it could actually work as a currency, unlike bitcoin.

It also can handle higher transaction volume with cheaper fees.

I don't think it'd be a good currency, but it's funny to compare it with bitcoin which was marketed as such but is totally a failure for that use case.

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Re:Cryptoqueen: A woman scammed the world, then vanished (2019) by dleslie on Saturday May 15, 2021 @07:04PM (#27169759)
No one wants negative rate savings accounts.
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Re:Cryptoqueen: A woman scammed the world, then vanished (2019) by eloff on Saturday May 15, 2021 @10:33PM (#27170745)
It's meant to be a currency not a savings account. It's not called cryptosavings - although perhaps it should be. Bitcoin is sort of like digital gold, but totally sucks as a currency or way of transacting.

If it is inflationary like doge you have the incentive to spend it instead of hoard it.

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Re:Cryptoqueen: A woman scammed the world, then vanished (2019) by dleslie on Sunday May 16, 2021 @02:50AM (#27171741)
Huge segments of the population use a savings account as their primary method of saving money; they don't invest, at all.
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