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this post was submitted on 30 Apr 2024
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I fully agree, I just think the solution is cash. Use cash for normal payments. Buy a house with 20s even. Ok maybe not that, but for groceries or when you would use Venmo yeah do it
I agree cash is the right idea, for now, but can you say for sure cash payment will be possible forever, or even the next 50 years? Wouldn’t it be better to blunder around with new ideas while cash is still a good fallback? Not saying I like crypto, and the cost on resources and the environment sucks bad, but I can at least appreciate them trying something. Now we just need to come up with sustainable options…
I get that cash seems a pretty durable idea, and it’s lasted for hundreds of years, but it did so before the massive societal turn towards technology we’ve made in the last 30 years.
Crypto is cash for digital world. The only existing analog I can think of is sending cash by mail, which is obviously slow and not guaranteed to.npt be stolen or confiscated on its way.