Re:The endless search for a crypto use case
by imtringued on Wednesday August 03, 2022 @02:41AM
(#32328384)
Can you trust your local supermarket to accept Bitcoin if it is banned? The point of a currency is primarily to facilitate trade, everything on top of that is just there to make the process more efficient and lower transaction costs.
I personally think Bitcoin is a terrible currency for non speculative trading due to scaling problems and it's volatility.
Your own way is a deadend. There is nothing there. A currency is about relationships and trust. You can't own those things, you can at best only enforce them against people's will if they don't maintain them voluntarily.
I personally think Bitcoin is a terrible currency for non speculative trading due to scaling problems and it's volatility.
Your own way is a deadend. There is nothing there. A currency is about relationships and trust. You can't own those things, you can at best only enforce them against people's will if they don't maintain them voluntarily.