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Crypto is... a currency? The people yoloing into crypto in the hopes it will go up are not the same people advocating for a global currency revolution.
by sudodudeo 4mo ago
Crypto is... a currency?
The people yoloing into crypto in the hopes it will go up are not the same people advocating for a global currency revolution.
- hilariously 4mo agoAnd why exactly are we "hoping for a global currency revolution" - hint, its all the bad stuff that's hard to do with current currency regulations.
- Ferret7446 4mo ago> And why exactly are we "hoping for a global currency revolution" So that Visa and MasterCard can't censor things they don't like. So that PayPal can't block creators from withdrawing money because they made a Japanese style game
- bulbar 4mo agoWhen institutional investors and yolo 'get rich' people sell their coins it will drop to (in case of Bitcoin) 2,000 USD again, it would be closer to a currency then. However people would go crazy, because it's only very, very rarely used as a currency. Most just use it as a speculative asset.