Re:Cryptocurrency and the unbanked
by blueblisters on Sunday October 03, 2021 @09:59AM
(#28737182)
Central banks debase currencies to discourage people from hoarding cash and using it as a store of value instead of investing it into productive assets. They are not perfect but they don't pretend to be something they are not.
Bitcoin claims it's a "currency" but almost everyone uses it like a store of value (HODL) because its value keeps increasing.
Bitcoin claims it's a "currency" but almost everyone uses it like a store of value (HODL) because its value keeps increasing.