this post was submitted on 08 Dec 2024
177 points (84.7% liked)
Technology
60346 readers
4795 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Also useless if you don't have electricity or an Internet connection.
That's not entirely accurate. Look up Caesaceous coins. There aren't many of them, but they do exist, and they are physical coins with a private key embedded under a hologram, which as long as the hologram has not been tampered with, is guaranteed to contain the amount of crypto it says, and you can trade that without electricity or internet.
Until that gets common acceptance at places like grocery stores, I'll stand by what I said.
But what u said got nothing to do with common usage.
Of course it does. You can't use a physical token if nobody will accept it as payment.
U said its useless if u dont have electricity and an internet connection. If u meant to talk about it being usless if its not widely accepted then u should have talked about that instead of talking about an already solved issue. Words have meanings thats their purpose if u use them to convey an idea when u actually meant to convey a completly different idea then perhaps u should have used completly different words?
So it's just a significantly more complicated and expensive coin.
I'm not sure how much more expensive it is, but I wouldn't think it would add much to the price of the actual crypto that's in it.