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ttmrichter@lemmy.world ⁨1⁩ ⁨year⁩ ago

Far too volatile for commerce.

That’s one half of the problem. The other half is that you have a choice between taking forever to get a transaction completed (Bitcoin can do about 10 transactions per second … WORLDWIDE!) or paying really horrifically high “gas” fees (Ethereum).

The third half (I flunked fractions: sue me!) is that 99.44% of the crypto world is just scams: open Ponzi schemes or concealed ones.

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