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I wish they had elaborated on crypto 'just isn't there yet' further. It would be nice to know what points of friction exist.
by serf 3y ago
I wish they had elaborated on crypto 'just isn't there yet' further. It would be nice to know what points of friction exist.
- 1970-01-01 3y ago>when we can pay employees in cyrpto and they can use cyrpto to heat their houses, then maybe it will be a viable option. None of crypto is able to do this. Even worse is how this did exist about a decade ago, but it fully regressed into an exotic account for wealthy individuals.
- vitiral 3y agoWell, crypto can totally heat your house, just not in the way they think...
- foooorsyth 3y ago>It would be nice to know what points of friction exist. Is this a serious question? You can't buy food at the grocery store with crypto. Employees likely don't even know how to accept a salary in crypto. Your landlord doesn't accept rent payments in crypto. Your bank and auto lender don't take mortgage/car payments in crypto. Your utility providers don't accept crypto. BTC block time is too slow for literally any point of sale transaction. Is that enough friction for you?
- deleted 3y ago[deleted]