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But since it provides no advantage over normal currency, except lack of regulation, regulating crypto removes the incentive to onboard on it anyway. It's slowe
by secondaryacct 5y ago
But since it provides no advantage over normal currency, except lack of regulation, regulating crypto removes the incentive to onboard on it anyway.
It's slower, it expensive to run, fees are very flexible, value depends only on speculation and electricity spending - it would be a success if crypto trends towards 0 and we can finally try to USE them, but again, it would most likely be suboptimal compared to a banknote.
- swiley 5y agoLack of regulation wasn’t ever even the primary advantage. That you don’t have to depend on a single payment handler is what makes crypto interesting.