You see, no one actually wants a digital currency. There have been several (nano was my favorite) that functioned especially well as a currency, because it used very little compute power to perform or verify transactions.
But a currency is stable. Which means you don’t magically make money by holding or trading it. So it doesn’t get attention, and therefore doesn’t get widely adopted.
Everyone likes Bitcoin because it’s speculative digital gold.
It’d be nice to have a singular system for payment around the world. I work on e-commerce sites that take payment in many different countries, and some of those payment providers are better designed than others.
You see, no one actually wants a digital currency. There have been several (nano was my favorite) that functioned especially well as a currency, because it used very little compute power to perform or verify transactions.
But a currency is stable. Which means you don’t magically make money by holding or trading it. So it doesn’t get attention, and therefore doesn’t get widely adopted.
Everyone likes Bitcoin because it’s speculative digital gold.
It’d be nice to have a singular system for payment around the world. I work on e-commerce sites that take payment in many different countries, and some of those payment providers are better designed than others.
Name one stable currency. All currency fluctuates (Forex trading). But yes, crypto is very volatile comparatively
How many more decades do you think until crypto stabilizes?
There are plenty of people who want a digital equivalent to cash from a privacy perspective.