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A comment on Ask HN: Why does cryptocurrency subjects on HN lack curious conversations?. Parent comment

Re:Ask HN: Why does cryptocurrency subjects on HN lack curio... by roenxi on Sunday November 21, 2021 @06:03AM (#29295437)
I basically agree; but this oversimplifies the diversity of opinion in both camps. For example, it might well be worth the environmental damage to shift control of international monetary flows from the US government to a true free market.

Although the US has been as good a steward as can be hoped for no entity should have that much control over international finance.

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Re:Ask HN: Why does cryptocurrency subjects on HN lack curio... by svennek on Sunday November 21, 2021 @06:27AM (#29295570)
Sure it oversimplified (most opinions that are somewhat transferable are).

I agree with the hope for a better stewardship, but as all people end up moving cryptocurrencies in and out of the "old" financial system (creditcards, swift etc). I fail to see how crypto would help me..

I for one cannot pay for my rent, food, heat, water, power, internet with crypto, can you?

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Re:Ask HN: Why does cryptocurrency subjects on HN lack curio... by pcthrowaway on Sunday November 21, 2021 @09:38AM (#29296451)
I can't pay my rent in US dollars, that doesn't make them worthless.

Although, to be fair, I did pay a security deposit in bitcoin 6 years ago.

Actually, in El Salvador, Bitcoin is now the national currency, so I suspect a lot of people are paying their rent in bitcoin

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Re:Ask HN: Why does cryptocurrency subjects on HN lack curio... by seanmcdirmid on Sunday November 21, 2021 @09:48AM (#29296508)
Isn’t El Salvador completely dollarized? It wouldn’t be surprising if most landlords still demanded rent paid in dollars rather than bitcoin (a difference in “the” national currency vs “a” national currency).
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Re:Ask HN: Why does cryptocurrency subjects on HN lack curio... by pcthrowaway on Sunday November 21, 2021 @01:05PM (#29298262)
It's illegal to conduct business and not accept bitcoin in El Salvador.. it's the national currency now. I don't know for certain if this applies to landlords however.
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Re:Ask HN: Why does cryptocurrency subjects on HN lack curio... by seanmcdirmid on Sunday November 21, 2021 @02:41PM (#29299030)
Legal and enforced are also different things (especially when an autocrat is in charge). There are articles on how many poor people lack internet and are completely unbanked. That it is extremely unpopular in El Salvador. https://www.fool.com/the-ascent/amp/cryptocurrency/articles/...
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