wholookshere@lemmy.blahaj.zonetoTechnology@lemmy.world•Sub.club is here to help the fediverse make moneyEnglish
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16 days agodeleted by creator
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Can you see how “there’s not a better solution” isn’t addressing the problem that crypto is fundamentally a scam?
Also, you can’t pay your rent with crypto either….
EDIT: if you want crypto to pass my sniff test, you have to explain where value comes from.
Fiat currency is valuable because I can pay my taxes with it. (This is really the only reason it has value).
So what underpins crypto value beyond “it’s the future”
All (capitalistic) money is a scam.
We’re just forced to use a currency because governments say so.
So yes, your crypto is still a scam. Because money still vanishes into thin air when line goes down.
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