this post was submitted on 18 Mar 2024
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They’re still pretty bad at being currency. Transaction fees are still too high and it’s still pretty slow and/or complicated
Is it? The ATMs have been all over the place for half a decade at this point.
As for fees it cost me 3 cents to send a $50 Litecoin transaction a few days ago. If I did that with Bitcoin it would have cost me $8 in transaction fees so you're right there.
Now days there's a coin for every purpose.
Bitcoin = gold bars
Litecoin = mundane transactions
Monero = digital cash
Crypto has been around for 15 years already. Time flys.
Speak for your own location.
Also, "crypto works as a functional currency, which can be demonstrated by how you need to sell it for cash in order actually buy anything with it" isn't the argument you think it is.
I didn't "sell it for cash" I paid my VPS hosting bills with it. It's simple for business to accept crypto these days, couple clicks and they're set up.
If your business is making NSFW art than you better be willing to adapt.