4 ms·
Those properties mean it could actually work as a currency, unlike bitcoin. It also can handle higher transaction volume with cheaper fees. I don't think it'd
by eloff 5y ago
Those properties mean it could actually work as a currency, unlike bitcoin.
It also can handle higher transaction volume with cheaper fees.
I don't think it'd be a good currency, but it's funny to compare it with bitcoin which was marketed as such but is totally a failure for that use case.
- dleslie 5y agoNo one wants negative rate savings accounts.
- eloff 5y agoIt's meant to be a currency not a savings account. It's not called cryptosavings - although perhaps it should be. Bitcoin is sort of like digital gold, but totally sucks as a currency or way of transacting. If it is inflationary like doge you have the incentive to spend it instead of hoard it.
- dleslie 5y agoHuge segments of the population use a savings account as their primary method of saving money; they don't invest, at all.