this post was submitted on 18 Aug 2023
545 points (95.2% liked)

Technology

63010 readers
5064 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 2 years ago (1 children)

USD had value in that it is how i pay my taxes. I can either use USD to pay taxes or go to jail. That's about as concrete as value can get.

[–] dx1 0 points 2 years ago (1 children)

Yes, the value comes from ADOPTION.

[–] Astroturfed 1 points 2 years ago* (last edited 2 years ago) (1 children)

So, you're claiming that you need a constant new stream of people buying into it, to make it work? Man, that's almost like the definition of a ponzi scheme. Weird.

[–] dx1 0 points 2 years ago* (last edited 2 years ago) (1 children)

Another "I know you are but what am I" class comment. I'm talking about actual adoption, usage, cyclical exchange, not buy low sell high, that should be obvious from what I wrote.

[–] Astroturfed 1 points 2 years ago (1 children)
[–] dx1 0 points 2 years ago (1 children)