169
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 09 Jul 2024
169 points (88.9% liked)
Technology
59066 readers
4390 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 1 year ago
MODERATORS
Another wonderful result from the fake currency designed for criminal activity
What makes a currency "real"?
There's one two guarantees in life: Death and taxes. Real currencies are the ones you can use to pay the latter.
If you live in El Salvador you can pay your taxes in bitcoin... that makes it a "real currency" according to your test.
Won't last for long because deflation is built into bitcoin and every sane state matches monetary supply to economical output to keep prices stable. El Salvador isn't doing that anyway, though, otherwise using USD, or getting many tax payments in bitcoin, the thing being about as liquid as asphalt, so it doesn't really change much.
Not being endorsed by Andrew Tate