this post was submitted on 17 Aug 2024
270 points (94.7% liked)
Technology
59086 readers
3496 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's not unfortunate. It's not accepted as currency because it does none of the things currency is for.
Holding a consistent value.
Volatility in a currency makes it completely and utterly useless.
Moderate, relatively steady growth is not remotely comparable to routine wild fluctuations.
The inherent nature of a currency not managed intelligently by a competent government.