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I still don't understand this argument, maybe because I just don't understand enough about crypto currency itself. What coin is stable enough to use as currenc
by lunarboy 5y ago
I still don't understand this argument, maybe because I just don't understand enough about crypto currency itself.
What coin is stable enough to use as currency? Unless OnlyFans could pay its employees and services with that said coin (who could then use it elsewhere directly), the company would still have to convert to fiat currency right? And wouldn't that itself affect the coin price?
- skohan 5y agoI am very much a cryptocurrency skeptic, but you could imagine a token which is only used as a medium of exchange. I.e. you convert your USD into the token immediately before making the payment, and the recipient converts it back to USD milliseconds later.