themaninblack@lemmy.world to Memes@lemmy.ml · 1 year agoBlockchain: the wave of the futurelemmy.worldimagemessage-square145fedilinkarrow-up11.38Karrow-down150
arrow-up11.33Karrow-down1imageBlockchain: the wave of the futurelemmy.worldthemaninblack@lemmy.world to Memes@lemmy.ml · 1 year agomessage-square145fedilink
minus-squarejdeath@lemm.eelinkfedilinkarrow-up4arrow-down12·1 year agoY’all prefer to have the government and banks in charge of money instead? seriously?
minus-squareGeneral_Effort@lemmy.worldlinkfedilinkarrow-up7·1 year agoWhat I don’t want in charge, is a shadowy cabal of a few rich people only bound to the maximization of their own profit. I’m not paying extra to remove what little democratic control there is in the existing system.
minus-squarejdeath@lemm.eelinkfedilinkarrow-up1arrow-down3·1 year agothe shadowy cabal of a few rich people is called the Fed, it’s privately owned by all the banks. there is no democracy in the existing system
minus-squareGeneral_Effort@lemmy.worldlinkfedilinkarrow-up1·1 year agohttps://en.wikipedia.org/wiki/Federal_Reserve_Act https://en.wikipedia.org/wiki/Bank_regulation_in_the_United_States
minus-squarecsm10495@sh.itjust.workslinkfedilinkEnglisharrow-up6arrow-down1·1 year agoFor me: probably. Either way, transactions cost money. Either pay the block chain fees or just use cash/credit card. I’m ok with credit and cash.
minus-squarejdeath@lemm.eelinkfedilinkarrow-up1arrow-down2·1 year agoyeah they’ve done great with inflation so far! lol
Y’all prefer to have the government and banks in charge of money instead? seriously?
What I don’t want in charge, is a shadowy cabal of a few rich people only bound to the maximization of their own profit.
I’m not paying extra to remove what little democratic control there is in the existing system.
the shadowy cabal of a few rich people is called the Fed, it’s privately owned by all the banks. there is no democracy in the existing system
https://en.wikipedia.org/wiki/Federal_Reserve_Act
https://en.wikipedia.org/wiki/Bank_regulation_in_the_United_States
For me: probably. Either way, transactions cost money. Either pay the block chain fees or just use cash/credit card.
I’m ok with credit and cash.
yeah they’ve done great with inflation so far! lol