The USD is now backed by bitcoin and you spend small fractions of a dollar.
Comment on Be nice
TheBat@lemmy.world 4 days ago
Bitcoin.
explodicle@sh.itjust.works 4 days ago
Comment on Be nice
TheBat@lemmy.world 4 days ago
Bitcoin.
The USD is now backed by bitcoin and you spend small fractions of a dollar.
phdepressed@sh.itjust.works 4 days ago
That could actually make it a viable currency. Unless you mean the entirety of all bitcoin in which case lol.
TriflingToad@sh.itjust.works 4 days ago
if the US dollar crashes then Bitcoin would do the same, with that drawback why not just use the dollar? (I know nothing about crypto)
phdepressed@sh.itjust.works 4 days ago
Less tracking? Marginally lighter physical wallet? Idk, crypto is a scam as far as I can tell. Sure you can make a whole bunch of money and we’ve decided its legal but its somehow both an investment where you can make and lose millions and a currency to pay for absolutely nothing I’ve ever seen. If there was just one or if a few were based around NAFTA, BRICS or EU whatever it could make sense. But every scummy podcaster and 4chan memer makes their own to scam the participants.
Genius@lemmy.zip 4 days ago
To boycott Mastercard for banning porn games
dalekcaan@feddit.nl 3 days ago
I think there are cryptos that fix their value to the dollar
mobotsar@sh.itjust.works 3 days ago
There are; they’re called “stablecoins”.