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Mehhhhhh…. Idk . Cash is used much, much more for terrible things , and is literally centralized to a singular finite point of control. Digital currencies stil
by K0balt 2y ago
Mehhhhhh…. Idk . Cash is used much, much more for terrible things , and is literally centralized to a singular finite point of control.
Digital currencies still have a long way to go to live up to their promise and potential, but I don’t think your arguments are persuasive given their blatant disregard for even a cursory comparison to the alternative.
Programmable money has huge (unrealised) potential to create a more resilient, equitable economy with a built in, democratically controlled monetary policy., including frictionless taxation, lending, investment, and real world governance through budgetary control.
Of course, what we have so far is crypto bros and bored apes, so it is pretty reasonable to be critical of the current state of affairs.