• Auli@lemmy.ca
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      1 hour ago

      Yah no, it has to be more stable I don’t want to one minute be paid a fair price and the next have nothing or have paid 2x what the thing was worth.

    • Anberibaburia@lemmy.dbzer0.com
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      22 hours ago

      Lol nobody gonna want to use an extremely volatile currency as payment processor. Rest of the world just needs to implement system similar to PIX from brazil.

      • MinnesotaGoddam@lemmy.world
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        6 hours ago

        one with… fuck, last i checked (a while) something like $40 transaction fees. vs 3% to $3.50 transaction fees. Can’t remember which, i’m trying to fall asleep and remembering will wake me up…

    • belated_frog_pants@beehaw.org
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      22 hours ago

      Crypto isnt a payment processor, and it has no backing as a currency except current social agreement (yes thats most money but issued currencies are backed by central authorities) and it basically exists for ponzi schemes. Its so insanely volatile that its not for every day people.

      That’s not even mentioning that its sole value is to convert back into regular backed currency.

      • Auli@lemmy.ca
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        1 hour ago

        That is the funny thing use crypto but its only value is to convert to real currency if you couldn’t do that no one would use it.