Then they will ask why nobody wants to use their payment cards
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And those alternatives would be what, exactly?
wrote last edited by [email protected]Checks and credit The US hasn't been backed by hard currency since the mid-60s. Once we moved off the gold standard, it all became Fiat based on exchange rates
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Yeah, I'm going to buy my games with bitcoin now.
Oh shit, the fee is higher than the price of the game, can I use Litecoin ?
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Checks and credit The US hasn't been backed by hard currency since the mid-60s. Once we moved off the gold standard, it all became Fiat based on exchange rates
So you don't actually understand what the phrase "cash is king" really means.
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So you don't actually understand what the phrase "cash is king" really means.
wrote last edited by [email protected]A paper check is not cash. A credit score is not cash. Physical backed up currency in your hand is cash. And I don't think you can get cash anymore. Only Fiat
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A paper check is not cash. A credit score is not cash. Physical backed up currency in your hand is cash. And I don't think you can get cash anymore. Only Fiat
wrote last edited by [email protected]And guess what cash doesn't need to actually work, unlike credit, checks and crypto.
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Checks and credit The US hasn't been backed by hard currency since the mid-60s. Once we moved off the gold standard, it all became Fiat based on exchange rates
If by mid-60s you mean 1971...?
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Yeah, I'm going to buy my games with bitcoin now.
Oh shit, the fee is higher than the price of the game, can I use Litecoin ?
the fee might be higher at some points but you're just blabbering. check mempool.space and actually look at what fees are at rn + consider that there are many chains and l2s that can be used for payment. B)
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Yeah, I'm going to buy my games with bitcoin now.
Oh shit, the fee is higher than the price of the game, can I use Litecoin ?
Cumrocket is the way!
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Both sides are bad
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Cash is King.
I'm in Germany and people believe this. I say, if I have my credit card stolen, I can stop the card with my bank app and be refunded for the purchases the thief made.
If they have their 500€ of cash stolen, that's it. It's gone. No amount of crying about how cash is king will bring it back.
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Cumrocket is the way!
Thanks for the tip, I'm putting all my life savings into it then.
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And guess what cash doesn't need to actually work, unlike credit, checks and crypto.
An economy?
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A paper check is not cash. A credit score is not cash. Physical backed up currency in your hand is cash. And I don't think you can get cash anymore. Only Fiat
paper checks are cash
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An economy?
All four of them require that.
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Yeah, I'm going to buy my games with bitcoin now.
Oh shit, the fee is higher than the price of the game, can I use Litecoin ?
Litecoin is cool.
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wrote last edited by [email protected]
This exists too ::: spoiler spoiler
https://coinstats.app/coins/8fZL148nnC168RAVCZh4PkjvMZmxMEfMLDhoziWVPnqf_solana/
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Yeah, I'm going to buy my games with bitcoin now.
Oh shit, the fee is higher than the price of the game, can I use Litecoin ?
Bitcoin is pretty old, newer cryptocurrencies are more efficient.
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the fee might be higher at some points but you're just blabbering. check mempool.space and actually look at what fees are at rn + consider that there are many chains and l2s that can be used for payment. B)
A dollar in fees is a dollar more than with fiat for the person paying. That and do you expect enough normal people to learn about L2s and chains to make it worthwhile for Valve or whoever to implement support for anything besides the main chains of 2-3 major cryptos and stablecoins on ethereum main?
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I'm in Germany and people believe this. I say, if I have my credit card stolen, I can stop the card with my bank app and be refunded for the purchases the thief made.
If they have their 500€ of cash stolen, that's it. It's gone. No amount of crying about how cash is king will bring it back.
You are only considering half the issue. If you manage to "aquire" 500 in cash...
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If by mid-60s you mean 1971...?
I seem to have gotten the beginning of the process and the final cutoff date. Confused. That would be the cutoff date, not when they started to restrict the ability to convert
