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by bspear 1478 days ago
The growing demand for currency not controlled by the government is undeniable. Only a matter of time. But this time, hopefully less irrational exuberance for alt-coins that serve no purpose besides speculation
1 comments

Cryptocurrencies are acting as anything but, though. In 2015 electronic cash wasn't really a thing in my country (it's still got a long way to go today). I tried using Bitcoin. It was slow, difficult to use, and the value was prone to wild swings. I wanted Bitcoin or something similar to succeed as a currency. But it's all been taken over by speculators and scammers.

When I moved to Australia I found that I could just use AUD electronically. Fast, easy, stable, and fee-free.

USD works the same within the US, I have found for decades.

And I don't mean that in any negative way; I mean what you said seems true in Australia and in the US.