[pjerem]

> Crypto is the future of money and finance.

Why ?

Crypto is the digital version of the old commodity money (whose value comes from a commodity of which it is made).

Turns out it was absolutely impractical because people rarely want to be physically responsible for their own estate.

I neither see crypto disappear anytime soon and we may see innovative usage. It can probably make sense in unstable economic environments. But everywhere else, you’ll want your estate not being accessible to burglars, you’ll want your big transactions to be legally secured, you’ll want your bank to be able to reverse things and you’ll want to not let your money sleep.

Also, unless governments start accepting crypto for paying taxes, you’ll have a hard time buying anything in daily shops.

[audessuscest]

money is already in very large part digital.

[pjerem]

Most digital money is scriptural. Cryptos aren’t.