Comment by thepasswordis 15 hours ago Is there anything crypto does that paper currency doesn’t? 4 comments thepasswordis Reply codedokode 14 hours ago Paper currency can be devalued by the government by printing lot of paper (this has happened many times in our history). Cryptocurrency cannot. reaperducer 14 hours ago Is there anything crypto does that paper currency doesn’t?Gets you the equivalent of mugged by people on the other side of the planet?At least with cash, it's a one-on-one involuntary transaction. SilasX 15 hours ago Yes, electronic transfer.Come on, if you’re going to copy someone else’s snark, pick a good one. AStonesThrow 14 hours ago "Cryptocurrency" is a misnomer, because none of them are actual currencies.Cryptocurrencies are classified, for now, as securities.Currency is currency and cryptocurrency is not. So please do not attempt to compare apples to oranges here.https://en.wikipedia.org/wiki/Security_(finance)If you wish to compare cryptosecurities to other securities, then do that, but don't try to act like it is some sort of future utopian currency.
codedokode 14 hours ago Paper currency can be devalued by the government by printing lot of paper (this has happened many times in our history). Cryptocurrency cannot.
reaperducer 14 hours ago Is there anything crypto does that paper currency doesn’t?Gets you the equivalent of mugged by people on the other side of the planet?At least with cash, it's a one-on-one involuntary transaction.
SilasX 15 hours ago Yes, electronic transfer.Come on, if you’re going to copy someone else’s snark, pick a good one.
AStonesThrow 14 hours ago "Cryptocurrency" is a misnomer, because none of them are actual currencies.Cryptocurrencies are classified, for now, as securities.Currency is currency and cryptocurrency is not. So please do not attempt to compare apples to oranges here.https://en.wikipedia.org/wiki/Security_(finance)If you wish to compare cryptosecurities to other securities, then do that, but don't try to act like it is some sort of future utopian currency.
Paper currency can be devalued by the government by printing lot of paper (this has happened many times in our history). Cryptocurrency cannot.
Is there anything crypto does that paper currency doesn’t?
Gets you the equivalent of mugged by people on the other side of the planet?
At least with cash, it's a one-on-one involuntary transaction.
Yes, electronic transfer.
Come on, if you’re going to copy someone else’s snark, pick a good one.
"Cryptocurrency" is a misnomer, because none of them are actual currencies.
Cryptocurrencies are classified, for now, as securities.
Currency is currency and cryptocurrency is not. So please do not attempt to compare apples to oranges here.
https://en.wikipedia.org/wiki/Security_(finance)
If you wish to compare cryptosecurities to other securities, then do that, but don't try to act like it is some sort of future utopian currency.