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Joined 1 year ago
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Cake day: June 20th, 2023

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  • i suppose i should have said it could have had a purpose. i think it was initially conceived as a way to make private purchases, perhaps of things one might not want tracked back to them. for a simple example, i always pay cash when i visit a dispensary, even though many of them take cards now, because i don’t care for my bank to know that i am making that purchase. if i could pay with cryptocurrency at the dispensary, keeping that transaction more private, i would. but crypto has ceased to be a private currency, and turned into extremely volatile investments. who would want to make a purchase with crypto when it could skyrocket in value the next day and you’ve suddenly spent more than you thought, or the vendor has made less than they thought when the values plummet?

    as it is now, it has no real purpose. it could have though. you are right that as it stands it is a solution looking for a problem.

    right now it’s purpose is to tell me who i should avoid