Comment on Be nice

TheBat@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

• phdepressed@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

  That could actually make it a viable currency. Unless you mean the entirety of all bitcoin in which case lol.

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  • TriflingToad@sh.itjust.works ⁨3⁩ ⁨weeks⁩ 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)

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    • phdepressed@sh.itjust.works ⁨3⁩ ⁨weeks⁩ 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.

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    • Genius@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

      To boycott Mastercard for banning porn games

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  • dalekcaan@feddit.nl ⁨3⁩ ⁨weeks⁩ ago

    I think there are cryptos that fix their value to the dollar

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    • mobotsar@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

      There are; they’re called “stablecoins”.

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• explodicle@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

  The USD is now backed by bitcoin and you spend small fractions of a dollar.

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