Re:Ethereum will use around 99.95% less energy post merge
by 533474 on Tuesday May 18, 2021 @12:20PM
(#27196908)
why does it have to be a dark-web market if blockchain payments are first class citizens? I suppose the general population isn't ready for decentralised payments yet or do you have another reason for such use-case generalization?
[ Parent
| on HN ]
Re:Ethereum will use around 99.95% less energy post merge
by _jjkk on Tuesday May 18, 2021 @12:37PM
(#27197215)
There are still many barriers to that "first class" status, taxes are mentioned most often.
Taxes are paid in fiat. Holding non-stablecoins would add even more of a tax headache because you'd have to track capital gain/loss as you enter/exit fiat for taxes / fees / vendors that don't accept crypto
Also the fact that general adoption has been slow so far may be a sign that there is not enough obvious value added for the average person to consider using crypto over fiat.
Re:Ethereum will use around 99.95% less energy post merge
by svarog-run on Tuesday May 18, 2021 @04:29PM
(#27200609)
who would pay with non-stablecoins though? The oath seems to be cbdcs that are compatible with public smart contract blockchains
Re:Ethereum will use around 99.95% less energy post merge
by AlexandrB on Tuesday May 18, 2021 @05:44PM
(#27201632)
There's also the risk that stablecoins aren't actually stable but just claim to be such: https://www.coindesk.com/tether-first-reserve-composition-re...