CurlyWurlies4All to [email protected]English • 1 month agoProton is transitioning towards a non-profit structure | Protonproton.meexternal-linkmessage-square26fedilinkarrow-up1286arrow-down113cross-posted to: [email protected][email protected][email protected][email protected][email protected][email protected][email protected][email protected][email protected]
arrow-up1273arrow-down1external-linkProton is transitioning towards a non-profit structure | Protonproton.meCurlyWurlies4All to [email protected]English • 1 month agomessage-square26fedilinkcross-posted to: [email protected][email protected][email protected][email protected][email protected][email protected][email protected][email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish1•1 month agoIt’s not unfortunate. It’s not accepted as currency because it does none of the things currency is for.
minus-square@[email protected]linkfedilinkEnglish0•1 month agoHolding a consistent value. Volatility in a currency makes it completely and utterly useless.
minus-square@[email protected]linkfedilinkEnglish-1•1 month agoFiat doesn’t do that either. Ever heard of inflation?
minus-square@[email protected]linkfedilinkEnglish1•1 month agoModerate, relatively steady growth is not remotely comparable to routine wild fluctuations.
minus-square@[email protected]linkfedilinkEnglish-1•1 month agoThe unfortunate result of speculative investors trying to ride the next wave.
minus-square@[email protected]linkfedilinkEnglish1•1 month agoThe inherent nature of a currency not managed intelligently by a competent government.
It’s not unfortunate. It’s not accepted as currency because it does none of the things currency is for.
Such as…?
Holding a consistent value.
Volatility in a currency makes it completely and utterly useless.
Fiat doesn’t do that either. Ever heard of inflation?
Moderate, relatively steady growth is not remotely comparable to routine wild fluctuations.
The unfortunate result of speculative investors trying to ride the next wave.
The inherent nature of a currency not managed intelligently by a competent government.
Haha, nah.