Memes

45735 readers

501 users here now

Rules:

Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago

MODERATORS

[email protected]

998

the debt (lemmy.world)

submitted 5 months ago by [email protected] to c/[email protected]

164 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 5 months ago (1 children)

I'm not talking about the current way, I'm talking about the possibility of a privacy-focused crypto, issued by the state, where transactions can be made private with the Blockchain. This crypto, as it would be used for normal transactions, wouldn't have more variability or speculation than the variability and speculation in converting US Dollars to UK Pounds. The post talks in hypotheticals, I do too.

I don't think fiat currency isn't used for illegal activity, I think crypto is mostly not used for normal transactions.

[–] [email protected] 1 points 5 months ago

Yes, that's exactly what I think too. Cryptos and blockchains are good ideas and technologies.

Once one powerful country adopts and controls it (maybe create it themselves?), I assmune many more will too.

And then, everything will use crypto.