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Maybe they mean money no singular entity controls that still can enact sane monetary policy? There basically aren't any cryptocurrencies that are useful for wri
by XR0CSWV3h3kZWg 9y ago
Maybe they mean money no singular entity controls that still can enact sane monetary policy? There basically aren't any cryptocurrencies that are useful for writing long term (i.e. terms greater than 1 hour) contracts (here meaning do this action -> get this payout). The value fluctuates too much. Having a stable value is not necessary for transmitting value, or even as a store of value as long as the long term trend is not down. Determining how much someone should be paid in the future in it is awful though.