Hard disagree here, I literally cannot access a cryptocurrency without power but I can absolutely pay cash to buy some water during a power outage.
Hard disagree here, I literally cannot access a cryptocurrency without power but I can absolutely pay cash to buy some water during a power outage.
Tangible items can have utility in the real world, where cryptocurrencies can never be anything more than numbers on a display.
Gold can be used in electronics, and I get that people are mad that currencies are just something we all mutually agree have value, but generally speaking powerful governments back those up. Cryptocurrency is backed up by people promising it’s totally gonna be a real currency any second now. Please ignore that crypto can wildly fluctuate in value which generally a horrible thing for a currency to do.
Crypto is hated because it’s an MLM for terminally online people.
It gains value because people want it and people want it because it gains value is both a perfect description of cryptocurrency and scams.
Not quite. It’s largely because a manager decided that an important metric for Google to be better at was “how much time users spend on the results page” which turns out you can game by just making the results worse so users have to stay there longer. Management made a decision to focus on metrics that are counter to what users would actually want because… well, here’s a better article that explains it:
https://www.wheresyoured.at/the-men-who-killed-google/