@cm0002@lemmy.world to memes@lemmy.world • 17 days agoEtherium logo finally makes senselemmy.mlimagemessage-square132fedilinkarrow-up11.76Karrow-down122
arrow-up11.74Karrow-down1imageEtherium logo finally makes senselemmy.ml@cm0002@lemmy.world to memes@lemmy.world • 17 days agomessage-square132fedilink
minus-square@technocrit@lemmy.dbzer0.comlinkfedilink2•edit-217 days agoIf a state converted from paper money to crypto, the only discernible differences would be like more computers, more transparency, less middlemen, etc. Crypto is literally just a new (distributed, open) form of accounting.
minus-square@zalgotext@sh.itjust.workslinkfedilink1•edit-217 days agoSure, and that would make that cryptocurrency a fiat currency. *Also, it’s not even close to being new, the idea of distributed ledgers has been around for decades at this point.
If a state converted from paper money to crypto, the only discernible differences would be like more computers, more transparency, less middlemen, etc. Crypto is literally just a new (distributed, open) form of accounting.
Sure, and that would make that cryptocurrency a fiat currency.
*Also, it’s not even close to being new, the idea of distributed ledgers has been around for decades at this point.