Cryptocurrency: acceptable coinage/ currency/ money

grarpamp grarpamp at gmail.com
Fri Oct 11 19:48:44 PDT 2019


On 10/11/19, Punk <punks at tfwno.gf> wrote:
> gold coins are a lot better than any form of
> 'crypto currency'.

As before, perhaps yes, until it is considered that no one
really wants to be carrying around a medieval sack of metal
all day, let alone figuring out how to shave it into exact change,
nor dealing with proving assay against fake metals, getting
robbed with not even a forced password in the way, etc.

If their lifestyle, foolish or not, is digital and further involves
carrying around a digital device (phone, which must admit
the entire planet mostly already does), then the better form
of currency for them is likely to be a distributed private
cryptocurrency.

It sure as fuck isn't Fiat paper, Facebook Libra, or any other
centralized non privacy corporate or government coin.

And you're not very likely to convince world of adopting
metals before crypto, thus metal advocacy will add more
time delay before government demise.

Nor can you manage your [space consuming] hoard
of metals in near as many creative ways as crypto.

Etc.

Use both (for when they shut the internet down),
or one, or keep licking boots.


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