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by Miner49er 1546 days ago
What other value is there in cryptocurrency over traditional money?
2 comments

> What other value is there in cryptocurrency over traditional money?

Collecting a bunch of it and using it like traditional money including earning more of it as well as converting it to traditional money simply because this market sector is hot and you can make a lot of money

Focus on what you can control, there is zero need to adopt ideology to use it, and there is zero need to project your thoughts on it to rationalize sticking with less lucrative things

Traditional money as in cash? Mailing cash to someone on the other side of the world is not ideal. Trusting PayPal or Stripe to not arbitrarily freeze your account because they think you’re making too much money too quickly is not ideal. Having to show ID to send or receive a money order is not ideal.

That doesn’t mean I don’t condone the government prosecuting thieves who steal crypto.

> Trusting PayPal or Stripe to not arbitrarily freeze your account because they think you’re making too much money too quickly is not ideal. Having to show ID to send or receive a money order is not ideal.

These are all benefits from lack of authority.