7 ms·
Tim writes a post about a "Money Bubble". There is now an alternative form of money that anyone can buy through their 401k if you believe there is a money bubbl
by ahnick 3y ago
Tim writes a post about a "Money Bubble". There is now an alternative form of money that anyone can buy through their 401k if you believe there is a money bubble. He dismisses?(or doesn't even consider it?) since it uses a blockchain, because that's a dirty word in the cloud/SaaS tech circles. sigh
- iydhjdfjtg 3y agoMoney buys things. Cryptocurrency does not. Some may use it as a store of value but it’s not money any more than gold or silver is.
- Etheryte 3y agoI'm not sure if this argument makes sense today. You can buy many things using cryptocurrency, from food to cars to houses.
- cheema33 3y agoOther than a few token places that you might see on the news, crypto is not really used as money. And never will be. Transaction fees.
- Etheryte 3y agoThis is not really true in my experience, crypto is more than just Bitcoin. There are a number of options that do not have high transaction fees and that are use fairly often to trade goods.