I find it funny that a lot of the fediverse is anti-cryptocurrency, yet this is a perfect example of a problem cryptocurrency can solve. No one can stop you from transacting on a number of blockchains.
I mean you can use it as currency, and I do sometimes. I have bought plenty of steam games with Bitcoin. I’ve also bought a bunch of stuff on Newegg, and other places online.
It has exactly as much protection from scams and fraud as cash does, that’s essentially what it is.
I find it funny that a lot of the fediverse is anti-cryptocurrency, yet this is a perfect example of a problem cryptocurrency can solve. No one can stop you from transacting on a number of blockchains.
Too bad cryptobros are more interested in using it as a speculative investment/scam machine than an actual currency.
Yeah the wild swings in exchange value instantly preclude its use as a currency.
Yes you are right, there are always grifters everywhere, unfortunately.
If it was used as an actual currency instead of an investment vehicle for speculators, that would help.
It also has zero protection from scams and fraud.
I mean you can use it as currency, and I do sometimes. I have bought plenty of steam games with Bitcoin. I’ve also bought a bunch of stuff on Newegg, and other places online.
It has exactly as much protection from scams and fraud as cash does, that’s essentially what it is.
Cash has zero protection too
And I don’t give cash to anonymous people online. I only use cash in-person for immediate services or products.
Crypto is so heavily regulated now, I don’t even know how to procure any cause all the sites I have used years ago are just dead now.
In KYC systems it is really easy to acquire—companies are willing to sell it to you with no problems.
If you want to get it anonymously, the easiest would probably be to buy via cash. In Switzerland, you can buy via some atms
Monero
Couldn’t you just masturbate the normal way?
It’s more fun when it’s freaky