this post was submitted on 15 Dec 2024
35 points (100.0% liked)

Wikipedia

1705 readers
196 users here now

A place to share interesting articles from Wikipedia.

Rules:

Recommended:

founded 2 years ago
MODERATORS
top 4 comments
sorted by: hot top controversial new old
[–] [email protected] 6 points 2 weeks ago

Back when money was JUST about making bartering easier, and not a weird addiction and reflection of personal merit and achievement

[–] [email protected] -4 points 2 weeks ago (1 children)

Fiat money is what crypto aims to replace since coins like Bitcoin and Monero use proof of work and therefore require electricity and real world power generation in order to be created. Monero for example is already a harder money than gold because gold's inflation rate according to the World Gold Council is about 1.5% per year while Monero's inflation rate is perfectly knowable at any time and is currently 0.85% and falling.

[–] Shiggles 6 points 2 weeks ago (1 children)

You guys sure are everywhere, huh

[–] [email protected] -1 points 2 weeks ago