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Crypto Currency is fundamentally flawed because all people care about is its value in more useful and understandable fiat currency (dollars)
by daedrdev 2y ago
Crypto Currency is fundamentally flawed because all people care about is its value in more useful and understandable fiat currency (dollars)
- kylebenzle 2y agoNot me, since 2013 I have used Bitcoin because I value its properties as a medium of exchange and there are many like me in the Monero and Bitcoin Cash communities, it's just that YOU people only care about its value in dollars so ignore projects that don't sky rocket in price. The "Number-go-up" cult is run by Blocksteam and Co. and has little to do with actual cryptocurrencies.
- BadHumans 2y agoI only value a currency in how useful it is. Until I can pay rent in crypto, there is no reason for me to care.
- daedrdev 2y agoFair enough, but I think most people buy crypto because they think the (dollar) number will go up
- xur17 2y agoI also buy SP500 because I think the number will go up (relative to the depreciating dollar). The goal is to preserve wealth.