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cross-posted from: https://lemmy.ml/post/46379297

Source: r/buttcoin

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[-] Hapankaali@lemmy.world 1 points 1 month ago

We need better alternatives

Why? Modern fiat currencies do exactly what a currency needs to do.

[-] LifeInMultipleChoice@lemmy.world 0 points 1 month ago

It doesn't matter if it is fiat or not necessarily. But if I told you your money was going to be worth half tomorrow, then half again the next every day for the next 16 weeks... You would think shit... Maybe there is a better way to do this. That has happened to millions of people across several countries. They didn't wake up one day and choose it, but poof gone. Your entire life turned to nothing because we are using currency that isn't based on anything but a government that can collapse. Universal currencys not run by local governments could help prevent such.

The thing is, large countries that don't have these problems currently, are the ones with power to change that.. and would never vote to change it, because it could help poorer countries create stability and grow over time, which makes them not so much less than the big countries who want to be able to take advantage of those countries when they wish for their advantage.

[-] booly@sh.itjust.works 2 points 1 month ago

But if I told you your money was going to be worth half tomorrow, then half again the next every day for the next 16 weeks… You would think shit… Maybe there is a better way to do this.

Doesn't that happen to most cryptocurrencies?

this post was submitted on 24 Apr 2026
66 points (100.0% liked)

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