• Furbag@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    8 months ago

    The big step forward IMHO is that there’s no privileged party that has an advantage manipulating the price.

    Until Elon Musk tweets out that he will exchange Tesla vehicles for Bitcoin or that Dogecoin is a good investment.

    Digital currencies are somehow worse than gambling unless you’re famous enough to do a pump-and-dump.

    • explodicle@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      1
      ·
      8 months ago

      Musk doesn’t have any authority over Bitcoin, though. When he eventually fails, the rules won’t be changed to save him - like they were for dollars.