This is why I think gnu taler is a great company and project

  • kugmo@sh.itjust.works
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    11 months ago

    A wise man once said “cash is king”

    Although that brings up a point on how reliant we are on the banks, but a private crypto currency like monero is not yet ready for mass adoption.

    • Possibly linux@lemmy.zipOP
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      11 months ago

      Monero will never be ready for mass adoption. The problem is that it is primary used for illegal transations. Its effectively tainted in my eyes

      • Jack@lemmy.ml
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        11 months ago

        Is cash tainted for the same reason? I think when a currency is good for commiting crime, it is an indication that the currency is well designed.

          • Jack@lemmy.ml
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            11 months ago

            So much cash is used for drug deals that it literally helps to shape our (USA) economy.

            It is a stereotype here that if someone has a lot of cash, they are either drug dealers or sex workers.