• Brutticus@midwest.social
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    5 hours ago

    Also aren’t digital currencies like, the opposite of useful as mediums of exchange? They cost money to transfer, take hours for a transfer to go through, and are volatile enough that that hours long window is enough for value to fluctuate that someone could be ahead or behind hundreds or thousands of dollars on the transactions before it’s even complete.

    • Aceticon@lemmy.dbzer0.com
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      2 hours ago

      Yeah, I totally agree.

      That’s part of the point I was trying to make when I said they were not seen as “an effective trade token”, but I ended up talking mostly out the lack of trust on them due to all the scams.