• guojing@lemmy.ml
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    2 years ago

    Then show me a decentralized currency which doesnt use blockchain.

        • guojing@lemmy.ml
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          2 years ago

          Have fun renting a whole truck to transport the equivalent of a few grams of gold. Plus gold doesnt go bad.

      • guojing@lemmy.ml
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        2 years ago

        Good point, I should have said digital currency. Gold is great, but sadly you cant use it to pay online.

    • AgreeableLandscape@lemmy.ml
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      2 years ago

      Raw resources? Money as an entire concept is both irredeemably flawed and an extremely recent invention.

      Need food? Get food. Need metal? Get metal. Need a phone? Get a phone. Need healthcare? Get healthcare. If you distribute it so everyone gets a fair share based on their individual needs, there will be no need for money.

      • guojing@lemmy.ml
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        2 years ago

        I wouldnt call a few thousand years “extremely recent”. And like I said in my other comment, carrying and storing gold or money is a lot more practical than a truck full of vegetables.

        • Aarkon@feddit.de
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          2 years ago

          Money can exist outside a ledger. Bitcoin can’t, it literally is the ledger, and therefore not money.