themaninblack@lemmy.world to Memes@lemmy.ml · 10 months agoBlockchain: the wave of the futurelemmy.worldimagemessage-square142fedilinkarrow-up11.38Karrow-down149
arrow-up11.33Karrow-down1imageBlockchain: the wave of the futurelemmy.worldthemaninblack@lemmy.world to Memes@lemmy.ml · 10 months agomessage-square142fedilink
minus-squarejdeath@lemm.eelinkfedilinkarrow-up4arrow-down12·10 months agoY’all prefer to have the government and banks in charge of money instead? seriously?
minus-squareGeneral_Effort@lemmy.worldlinkfedilinkarrow-up7·10 months 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-down3·10 months 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-up1·10 months 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-down1·10 months 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-down2·10 months 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