4 ms·
"We don't like crypto for the sake of crypto—it's just the only viable way to create a new currency." Really? The only viable way? It's like they've never he
by dmabram 4y ago
"We don't like crypto for the sake of crypto—it's just the only viable way to create a new currency."
Really? The only viable way? It's like they've never heard of a bank. Banks accept deposits in USD. They invest those deposits in safe instruments like US treasuries. They return the deposit when requested. The deposits are insured by the FDIC. Just start a community bank and donate the proceeds to GiveDirectly. Poof, no crypto needed.
- bb88 4y agoA credit union would be better since the members would be able to vote on the leadership of the union.