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Re:Ethereum will use around 99.95% less energy post merge by notsureaboutpg on Tuesday May 18, 2021 @11:31AM (#27196000)
I believe there are some use cases. Think of a government which does not allow currency conversion to more stable currencies in a place where volatility or inflation is very high. In that situation, it might be worth adopting a crypto-first approach, no?
Re:Ethereum will use around 99.95% less energy post merge by bhandziuk on Tuesday May 18, 2021 @01:31PM (#27198133)
But doesn't crypto have very high volatility?
Re:Ethereum will use around 99.95% less energy post merge by wmf on Tuesday May 18, 2021 @02:06PM (#27198656)
For example, Reserve is a stablecoin designed for markets like Venezuela where it's "illegal" to use USD or EUR.
Re:Ethereum will use around 99.95% less energy post merge by tratax on Tuesday May 18, 2021 @02:20PM (#27198840)
I'm pretty sure they will make all the stablecoins illegal as well. The fact that they cant really enforce it .. thats something else.
Re:Ethereum will use around 99.95% less energy post merge by svarog-run on Tuesday May 18, 2021 @04:31PM (#27200639)
Normal citizens won't need 3rd party stablecoins when cbdcs are available