@cm0002 to memes • 1 day agoEtherium logo finally makes senselemmy.mlimagemessage-square100arrow-up11.56Karrow-down119
arrow-up11.54Karrow-down1imageEtherium logo finally makes senselemmy.ml@cm0002 to memes • 1 day agomessage-square100
minus-square@[email protected]linkfedilink2•edit-221 hours agoIf a state converted from paper money to crypto, the only discernible differences would be like more computers, more transparency, less middlemen, etc. Crypto is literally just a new (distributed, open) form of accounting.
minus-square@[email protected]linkfedilink1•edit-220 hours agoSure, and that would make that cryptocurrency a fiat currency. *Also, it’s not even close to being new, the idea of distributed ledgers has been around for decades at this point.
If a state converted from paper money to crypto, the only discernible differences would be like more computers, more transparency, less middlemen, etc. Crypto is literally just a new (distributed, open) form of accounting.
Sure, and that would make that cryptocurrency a fiat currency.
*Also, it’s not even close to being new, the idea of distributed ledgers has been around for decades at this point.