this post was submitted on 18 Mar 2025
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May I interest you in renting this fine pineapple?
Intellectually I know that all currency systems are constructs and are volatile. That said, what bothers me so much about crypto is how it’s either an obvious scam or it appears to behave like company scrip requiring various exchanges or participating vendors, etc. It’s annoying enough using credit cards or systems like PayPal cash app, and crypto reads like a more annoying PayPal with all of the instability of a stock.
I rarely place much value on authority, but I trust a central bank or national treasury much more than three dudes at a startup promising to disrupt how we think of money.