[HN Gopher] Bring Crypto Back to Currency
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       Bring Crypto Back to Currency
        
       Author : ocean_moist
       Score  : 7 points
       Date   : 2024-08-06 22:32 UTC (28 minutes ago)
        
 (HTM) web link (rohan.ga)
 (TXT) w3m dump (rohan.ga)
        
       | pjkundert wrote:
       | I suspect you'd be very interested in this paper:
       | 
       | https://docs.google.com/document/d/1iUscaSy6HHLVz2e2rjQfQtx5...
       | 
       | There are some good reasons why global-consensus cryptocurrencies
       | can't generally be used as money:
       | 
       | https://perry.kundert.ca/range/finance/holochain-consistency...
        
       | talldayo wrote:
       | Something something 15 competing standards
        
       | Almondsetat wrote:
       | The fundamental point with crypto is that you can design your own
       | with any criteria you want to fit all of your needs, but the
       | problem of adoption still remains. If you make it behave like a
       | currency, speculators will lose interest and it won't get
       | adopted. If you find a government willing to impose it for
       | transaction you will nullify the reason for crypto to exist.
        
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       (page generated 2024-08-06 23:00 UTC)