not able to use it anywhere except in like, 5 niche ATM locations
can’t even mine it for value and have to go by proof-of-stake for any useful amount of money
can make a random shitcoin to pull the rug under cryptobros and NFT shills
only legitimate use case was to buy drugs via The Silk Road
Yeah, cryptocurrency is a fuckin waste of the tech lmao. You could theoretically prevent identity theft with blockchain tech and it could also theoretically replace SSNs, but instead we used it for a fake currency and jpegs of bored apes.
EDIT: Should also mention that you literally cannot trade crypto in some states of the US because those states require crypto institutions to have physical assets that equal their digital assets, which is actually pretty smart. Because people can’t buy shit with their 0.2 BitCoins and 50k DogeCoins, this means that those institutions don’t operate or allow trading from these states.
Sounds like BitCoin to me.
what makes it any less real than any other money?
Yeah, cryptocurrency is a fuckin waste of the tech lmao. You could theoretically prevent identity theft with blockchain tech and it could also theoretically replace SSNs, but instead we used it for a fake currency and jpegs of bored apes.
EDIT: Should also mention that you literally cannot trade crypto in some states of the US because those states require crypto institutions to have physical assets that equal their digital assets, which is actually pretty smart. Because people can’t buy shit with their 0.2 BitCoins and 50k DogeCoins, this means that those institutions don’t operate or allow trading from these states.
what backs turquoise?
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oof, found out you were wrong too late, eh?