this post was submitted on 04 Jul 2024
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Privacy
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Except neither Bitcoin nor Monero are stable enough as a daily currency. That's a hard truth. I don't want to pay a pizza that's $20 today and $25 tommrow due to value fluctuation.
As much as I don't like surveillance, I don't like gambling either. Sorry.
I agree. Cryptocurrency will probably never be the solution for this. I am hoping for GNU Taler instead.
How has the purchasing power of your USD held up over the last 5 years? Because BTC has done pretty damned well. And your BTC still represents the same portion of supply as it always did. BTC is already more widely used and more stable than most national currencies. Unlike fiat currency, it isn't designed to lose value over time to inflation of the supply.
Here's how much USD, Gold, and BTC it takes to buy a house in the US over time.