Which one. Is there a valid one? BTC is not has high fees slow and to volatile.
SufferingSteve@feddit.nu 2 months ago
Wow, people start caring when they come for their porn. These duopolies should be broken up, people should adopt crypto payments.
Auli@lemmy.ca 2 months ago
Arondeus@lemmy.ca 2 months ago
Monero. No question.
themachinestops@lemmy.dbzer0.com 2 months ago
Yep definitely, it is amazing. It is what BTC should have been.
SufferingSteve@feddit.nu 2 months ago
I would be for a state owned chain, does not have to be completely decentralized, it’s just good tech that can make the payment processors of today obselete.
Basically require each bank to run nodes, while letting the central bank of the country hold the keys to mint new coins.
I mean one could also have verifying nodes run independent.
The tech is there, doesn’t have to mean use anarchy moneys, it just means an overhaul of our ways of transferring value around.
explodicle@sh.itjust.works 2 months ago
Lightning
MBech@feddit.dk 2 months ago
Nhaa fuck crypto. At least the crypto that are actually popular. Shit like bitcoin and ethereum are deflationary. And why the fuck would you spend money if there’s a good chance your money is worth more tomorrow?
themachinestops@lemmy.dbzer0.com 2 months ago
I believe monero has protections to prevent this. All transactions are secret.
MBech@feddit.dk 2 months ago
How would secret transactions make a the coin not deflate? The issue is control of the production of the currency. If you can’t control it, it’s a cointoss wether it’ll be infaltionary or deflationary. A lot of inflation is bad, and any deflation is catastrophic, so I’d really rather not leave the economy up to random chance and private entities’ willingness to control the production of their shitcoins.
themachinestops@lemmy.dbzer0.com 2 months ago
It wouldn’t help much with inflation, but it wouldn’t fluctuate as much as bitcoin. It is relatively stable.
SufferingSteve@feddit.nu 2 months ago
So basically it could help combat our blatant consumerism as well? Seems like a win to me
MiddleAgesModem@lemmy.world 2 months ago
if we’re talking one-off transactions, this is no problem. You simply get enough crypto for your purchase and spend it. You don’t invest all of your money in it and you can circumvent the Visa/Mastercard garbage.