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With a typical currency the answer of "how to get money" is to get a job. Trustless usually isn't a concern, in that paychecks are reliable and worker protectio
by 8organicbits 4y ago
With a typical currency the answer of "how to get money" is to get a job. Trustless usually isn't a concern, in that paychecks are reliable and worker protection laws exist. (Not saying it's perfect, just stating the status quo). The lack of a bitcoin economy prevents or frustrates this approach.
With typical currencies, you can exchange at a currency exchange counter at the border/airport or use your bank/credit card which handles the conversion behind the scenes. I suppose the equivalent for bitcoin is a bitcoin ATM or bitcoin credit card.
- lowkey 4y agoWith typical currency a central bank can arbitrarily inflate (read as dilute) the purchasing power of your savings and there is nothing you can do to prevent it.