Stablecoin is a thing. So is a system to control inflation.
The more pressing issue to me is the core premise: a totally anonymized but publicly recorded financial system makes no sense, especially when the user generally won’t grasp it. It’s just begging for thieves and scammers, and that’s what it got.
Doesn’t work when the valuation goes up and down like a yo-yo. You need same currency.
Unlike fiat currencies most of the credible cryptocurrencies have increased in value over the past 10 years.
These were the most credible cryptocurrencies 10 years ago. How many of them do people today recognize?
Beware survivorship bias.
Stablecoin is a thing. So is a system to control inflation.
The more pressing issue to me is the core premise: a totally anonymized but publicly recorded financial system makes no sense, especially when the user generally won’t grasp it. It’s just begging for thieves and scammers, and that’s what it got.
Monero exists. https://www.getmonero.org/
But if you can’t get rich, no one wants to buy it or use it. This is the conundrum of crypto.
Yeah, and that toxic idea has completely poisoned the well.
But you can use the technology behind it
Afaik, not really.
CBDCs & IPFS are a thing (even GNU-Jami uses it too)