3 ms·
No, it straight up doesn't work as a money, outside of very niche use cases like crime and evading the state. Most people have no use for that, or speculation
by jalapenos 3y ago
No, it straight up doesn't work as a money, outside of very niche use cases like crime and evading the state.
Most people have no use for that, or speculation upon that, and just want a money that's simple, easy, fast, and reliable.
A decade after bitcoin, no-one but crooks and when-moon fanboys use it. Contrast that with AI: the moment it hit the retail market every man and his dog is using it for everything.
- matheusmoreira 3y ago> it straight up doesn't work as a money I've gotten paid for services via Monero. > money that's simple, easy, fast, and reliable That was my exact experience with Monero. Ever tried to set up a Stripe account for GitHub Sponsors? I literally had to open a new bank account for that. With cryptocurrency, you just generate a private key in your wallet app. > A decade after bitcoin, no-one but crooks and when-moon fanboys use it. Yeah, that's kind of my point. It's tragic. I don't understand it.
- jalapenos 3y agoYou're a techie - everyone else views the complexity and unreliability of computers as "computers are a necessary evil" rather than "oh this is an interesting challenge!". To the layman, a single unfamiliar word or concept equals "my money will disappear".
- matheusmoreira 3y agoEven among techies there's no adoption. Just look at this site.
- AlchemistCamp 3y agoShopify takes payments in USDC (Coinbase’s stable coin that’s pegged to USD). They use Solana Pay to do it, and the fees are considerably lower than traditional banking alternatives. https://solanapay.com/ https://solanapay.com/