• Kichae@lemmy.ca
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    1 day ago

    As decentralized money, it’s great

    It’s not money. It’s not accepted as money anywhere that matters.

    It’s a market speculation vehicle built on the fucking aether, that you can currently sell easily enough in small quanties in order to get some actual currency that retailers will accept.

    But it sure as fuck ain’t money. It’s just a bunch or techno-utopians huffing farts.

    • Knock_Knock_Lemmy_In@lemmy.world
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      1 day ago

      It’s not accepted as money anywhere that matters.

      You can buy houses and cars with crypto.

      It’s a market speculation vehicle built on the fucking aether

      Heard of futures, options and swaps? Aren’t they equally built out fucking aether.

      But it sure as fuck ain’t money

      It is accepted as payment for goods and services and repayment of debts.