I absolutely would not recommend “investing” this this stuff. The domain is ripe with scammers and
I loved the idea of bitcoin as a decentralized currency. However, to this day it has proven it is not a currency because it is used for investing and speculating. People in some countries use USD rather than their local currency because of the unstable nature of their curency. Bitcoin is not stable so the only way it works as a currency is if you buy bitcoin and immediate use as it won’t hold its value.
But the idea seems so wonderful for a solarpunk world. Is there anyway a cryptocurrency could be made that wasn’t investing/scamming/etc?
I loved the idea of bitcoin as a decentralized currency. However, to this day it has proven it is not a currency because it is used for investing and speculating. People in some countries use USD rather than their local currency because of the unstable nature of their curency. Bitcoin is not stable so the only way it works as a currency is if you buy bitcoin and immediate use as it won’t hold its value.
But the idea seems so wonderful for a solarpunk world. Is there anyway a cryptocurrency could be made that wasn’t investing/scamming/etc?