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themaninblack@lemmy.world to Memes@lemmy.ml · 1 year ago

Blockchain: the wave of the future

lemmy.world

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Blockchain: the wave of the future

lemmy.world

themaninblack@lemmy.world to Memes@lemmy.ml · 1 year ago
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  • jdeath@lemm.ee
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    1 year ago

    Y’all prefer to have the government and banks in charge of money instead? seriously?

    • General_Effort@lemmy.world
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      1 year ago

      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.

      • jdeath@lemm.ee
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        1 year ago

        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

        • General_Effort@lemmy.world
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          1 year ago

          https://en.wikipedia.org/wiki/Federal_Reserve_Act

          https://en.wikipedia.org/wiki/Bank_regulation_in_the_United_States

    • csm10495@sh.itjust.works
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      1 year ago

      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.

      • jdeath@lemm.ee
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        1 year ago

        yeah they’ve done great with inflation so far! lol

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