For me, I would choose computer viruses.

  • Gull@kbin.social
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    1 year ago

    It was never very suited as a currency, if by currency you mean a convenient medium of exchange. If by currency you mean a convenient medium of speculation and money laundering, I think it can be argued that was always the idea.

    • MattMist@kbin.social
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      1 year ago

      Well, technically, it is decent at being a currency even by your definition, just not in our society. I do think in something like a post apocalyptic world crypto would be a pretty good payment method, provided the technology worked to an extent where it would be possible to maintain.

      I also refuse to believe it was invented to be speculative, I think it was basically a thought exercise to see if you could make a digital currency in a world where you can’t trust anyone.

      Though the fact that right now it’s an unregulated currency that can be exchanged for regulated currency does allow for some pretty spectacular scams.