Hacker News new | past | comments | ask | show | jobs | submit login

> You could already just buy any other currency for that and you’d still be better off. Crypto, being a ponzi scheme, has price fluctuations that make it undesirable as a store of wealth.

this is in fact the majority use-case when i refer to people disciplining their central banks -- savings are converted to stablecoins pegged to the dollar etc. there is no alternative system that ordinary people have access to; buying dollars at a foreign exchange business is regulated and incurs punitive fees to prevent this from happening.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: