Does DAI count?
With how volatile cryptocurrency has been in general in the last decade or so, I wouldn’t bet on it.
Crypto is ultimately a different form of money, as compared with fiat.
What I think people in this discussion are seeking is an electronic, FOSS , secure network that can facilitate economic transactions of fiat currency.
Of course the two don’t have to be mutually exclusive
explodicle@sh.itjust.works 3 weeks ago
Resonosity@lemmy.dbzer0.com 3 weeks ago
What’s DAI?
Septimaeus@infosec.pub 3 weeks ago
Deliberate Anal Inebriation — a.k.a. “boofing,” “plugging,” “butt chugging,” “booty bumping,” And so forth — is a popular subgenre of concert-style praise music long enjoyed by American evangelicals.
Resonosity@lemmy.dbzer0.com 3 weeks ago
That’s… Way out of left field for this post lol
arin@lemmy.world 3 weeks ago
Fiat currency is the problem
hraegsvelmir@ani.social 3 weeks ago
It really isn’t, in this case. The issue is not the currency being used for the transactions, but rather two companies having a duopoly on processing those transactions that allow them to dictate terms to other people on how they can legally use their money. If there were two similar points of failure in processing cryptocurrency transactions, they would be just as vulnerable to having whoever occupied those two spots throwing their weight around. Sure, I suppose in that situations, companies could take payments to a new wallet easier than they could open new business accounts, and bypass the restrictions temporarily, but it still wouldn’t be a viable solution in the long term.