Crypto is literally the Internet's form of cash.
You download a wallet and install it on your computer. Then you can use your credit card or go to an crypto ATM machine and fill your wallet with money.
Heck, CASHAPP will let you do all that !
(Mar 08, 2024, 09:51 am)Ladyanne3 Wrote: [ -> ]Crypto is literally the Internet's form of cash.
You download a wallet and install it on your computer. Then you can use your credit card or go to an crypto ATM machine and fill your wallet with money.
Heck, CASHAPP will let you do all that !
Cashapp is US and UK only. Talk about privilege lol
Cryptocurrency and digital wallets have indeed made accessing and managing money as easy as using traditional banking services, with platforms like Cash App bridging the gap for seamless transactions.
I think it's more of a trust issue than bad UX - which as pointed by some, it's sometimes easier than regular banking.
There's just too many scams going on in crypto space and you really need to spend some time reading / watching to understand the risks and what are the red flags on projects.
Every project that started as premine / has a dev-tax on protocol level / has company behind / is not using PoW - is a red flag.
The only project that ticks all the cypherpunk vision in digital cash, is scalable and truly decentralized is Monero, all the rest including outdated Bitcoin is not worth the time.
And there's thousands of projects out there, it's hard for regular Joe to find the good one.
But in the end the free market will enforce what payment will be used, like we see on DNM's where every vendor is accepting only Monero and even whole markets are Monero only today
due to lack of privacy in Bitcoin, high fees and long waiting times.