CurlyWurlies4All@slrpnk.net to Technology@lemmy.worldEnglish · 4 months agoProton is transitioning towards a non-profit structure | Protonproton.meexternal-linkmessage-square23fedilinkarrow-up1172arrow-down112cross-posted to: [email protected][email protected][email protected][email protected][email protected][email protected][email protected][email protected][email protected]
arrow-up1160arrow-down1external-linkProton is transitioning towards a non-profit structure | Protonproton.meCurlyWurlies4All@slrpnk.net to Technology@lemmy.worldEnglish · 4 months agomessage-square23fedilinkcross-posted to: [email protected][email protected][email protected][email protected][email protected][email protected][email protected][email protected][email protected]
minus-squareconciselyverbose@sh.itjust.workslinkfedilinkEnglisharrow-up0·4 months agoIt’s not unfortunate. It’s not accepted as currency because it does none of the things currency is for.
minus-squareconciselyverbose@sh.itjust.workslinkfedilinkEnglisharrow-up0·4 months agoHolding a consistent value. Volatility in a currency makes it completely and utterly useless.
minus-squarehelenslunch@feddit.nllinkfedilinkEnglisharrow-up0·4 months agoFiat doesn’t do that either. Ever heard of inflation?
minus-squareconciselyverbose@sh.itjust.workslinkfedilinkEnglisharrow-up0·4 months agoModerate, relatively steady growth is not remotely comparable to routine wild fluctuations.
minus-squarehelenslunch@feddit.nllinkfedilinkEnglisharrow-up0·4 months agoThe unfortunate result of speculative investors trying to ride the next wave.
minus-squareconciselyverbose@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down1·4 months 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.