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The coins have failed because the exchanges failed and people use them incorrectly. Got it.
by psychlops 4y ago
The coins have failed because the exchanges failed and people use them incorrectly. Got it.
- sytelus 4y agoThe coins have failed at the moment because prices have crashed. No one was complaining about coins failing when prices were soaring.
- psychlops 4y agoI guess I needed a /sarc tag. The coins aren't failing. And I'd disagree with the notion that the success or failure of a cryptocurrencies is directly correlated with "price".
- Eisenstein 4y agoNo one who was holding coins was paying attention to anyone who was telling them that the coins had failed. Do you remember 'have fun staying poor'? It was used to shut up anyone who said anything critical.
- matheusmoreira 4y agoThe coins failed because exchanges shouldn't even have been created in the first place. Bitcoin should have been as easy to use and ubiquitous as the US dollar. As we all know, cryptocurrency turned into stocks instead.
- psychlops 4y agoIf not exchanges, what entity would you suggest as a way to change crypto into fiat? Using the most successful fiat currency the world has ever known as a goal seems a bit lofty. In your view, how much time should it have taken to surpass the dollar?
- matheusmoreira 4y agoThat's my point. There should never have been any need to exchange crypto into fiat. Bitcoin should have been as ubiquitous as USD. Everyone using it, pricing things in it, transacting with it, holding at least some amount of it. Exchanging for fiat should have been as easy as getting change from a store.
- psychlops 4y agoLike Athena, it should have been birthed as a full adult wearing armor.