Money not controlled by anyone has historically been stores of value used in barter rather than money used for retail purchases as we understand it. Even precious metal coins.
Comment on What even is money at this point
pipi1234@lemmy.world 5 days ago
Money should be a store of value and medium of exchange.
The issue with our current monetary system is it’s controlled by states.
The only way out of this failed experiment is a money that cannot be controlled by anyone.
F_State@midwest.social 5 days ago
LwL@lemmy.world 5 days ago
No, the problem is that having money leads to having more money and having more money also leads to having more power so every system just gets slowly worse for everyone except the rich
MonkderVierte@lemmy.zip 5 days ago
Which makes it less stable and reliable and shady transaction are more difficult to track fown.
whoisearth@lemmy.ca 5 days ago
Found the shitcoin advocate
Deflated0ne@lemmy.world 5 days ago
Rugpull enjoyer.