True, though its a relative scale. USD is far more stable than Ethereum for example.. Though USDT is, unsurprisingly, just as stable as USD.
I think its showing that you are just really uninformed ont he subject. It fprovides features fiat does not, thats the whole point.
Bitcoin was mostly about being able to freely, at no charge, and instantly transfer money around the world. As well as eliminating the feds ability to seize it or print more, garunteeing deflation.. it was the start.
Then you have a ton of other cryptos that came along adding other features that didnt exist in older cryptos or in the feds version of money.
Smart contracts are the biggest win in terms of features. It eliminates the usual legal contracts (which are subject to the subjective opinions of a court and quite costly to enforce) with software contracts that server a similar though automated purpose. This ensures you can make agreements with people or systems that are garunteed enforced as the source code states.
So for example in the simplest form you might use a smart contract to create a joint bank account. In doing so no one can ever circumvent those rules (and for example overrule your signature), not even with a court order.
Then you get into more complex smart contracts that provide everything from gaming currency to loans, to distributed exchanges. Not to mention interest bearing accounts and more.
The fact is there are countless features cryptos are bringing to the table that never existed, and if you really think they dont then you simply dont understand the tech. Keep in mind i didnt even talk about the other features, just smart contracts are huge.
Umm those arent missing features at all, I literally have all of that from my crypto.
> instant convertibility to cash anywhere any time
There are dozens of different cryptobacked debit cards. You keep your money as crypto, go to any atm you want at any time, withdraw it as cash. Instant conversion.
> ability to settle any bill anywhere any time any vendor in "crypto"
There are a few banks now that let you keep crypto in your bank account. In that case they provide the functionality above as a debit card, but they also now, as a normal bank account, allow you to pay any bill directly with your crypto too (through the usual ACH or IBAN systems depending on country).
Again I do this, virtually all my bills are paid directly via crypto
> value stability (must it really be "worth" some random value every day based on how many neetbux Creepy Joe and the ZOG Fed are paying into Scrub accounts this month?)
Also incorrect here, this depends entirely on the crypto you go with. There are a huge swath of what are called "stable coins" that have pegged value to an underlying commodity (such as goal) or fiat (such as USD). Their price is guaranteed to track the underlying commodity.
> Consultation check in the mail to John Nada Enterprises thank u
Not the best consultation (or very well informed) if every point is incorrect ;)
@lucifargundam Very true.. what does the goal of the crypto have to be in order to encourage you to buy it then? Whats the most appealing goal?
@johnnada Right, im asking about what each persons beholding eye is most attracted to in terms of features.
The big difference between a casino chip and a cryptocurrency is that cryptocurrencies are adding functionality to money we never had before. Thats huge.
@MOHAMED So you prefer PoW coins?
So I will be releasing my own cryptocurrency in the next few months.
I'd love to hear everyone's opinions on what characteristics make for a good cryptocurrency.
#investing #crypto #cryptocurrency #bitcoin #ethereum #cardano
@copyme@mastodon.online Of course you dont have bad teeth in europe, most of europe drink tea or coffee.. The fluridation of the water supply in the USA is not for the general public, they likely drink teas and coffees so they are covered. We flurodate our water supply largely out of concern for the poor who have very limited diets and poor dental hygene.
But yea if you arent drinking coffee and tea then you probably arent getting enough from toothpaste alone since you do not swallow your toothpaste, so it doesnt provide the benefits to your bones or even very much for your teeth.
@copyme@mastodon.online Because it is an essential mineral that helps keep teeth and bones healthy. If you drink tap water, coffee, or tea then you get more than enough (coffee and tea have higher levels of fluoride in them than fluoride doped tap water). I on the other hand never drink tap water, and rarely drink coffee or tea. So I have no sources in my diet of the essential mineral.
@raucao LOL!
@icedquinn God I hate lisp... I really wish haskell were more popular though.
I have no objection to his politeness.
@mkljczk@mstdn.io @xorowl@mastodon.technology @jimpjorps @Gargron
Jeffrey Phillips Freeman
Innovator & Entrepreneur in Machine Learning, Evolutionary Computing & Big Data. Avid SCUBA diver, Open-source developer, HAM radio operator, astrophotographer, and anything nerdy.
Born and raised in Philadelphia, PA, USA, currently living in Utrecht, Netherlands, USA, and Thailand. Was also living in Israel, but left.
Pronouns: Sir / Mister
(Above pronouns are not intended to mock, i will respect any persons pronouns and only wish pronouns to show respect be used with me as well. These are called neopronouns, see an example of the word "frog" used as a neopronoun here: http://tinyurl.com/44hhej89 )
A proud member of the Penobscot Native American tribe, as well as a Mayflower passenger descendant. I sometimes post about my genealogical history.
My stance on various issues:
Education: Free to PhD, tax paid
Abortion: Protected, tax paid, limited time-frame
Welfare: Yes, no one should starve
UBI: No, use welfare
Racism: is real
Guns: Shall not be infringed
LGBT+/minorities: Support
Pronouns: Will respect
Trump: Moron, evil
Biden: Senile, racist
Police: ACAB
Drugs: Fully legal, no prescriptions needed
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