this post was submitted on 11 Apr 2025
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Before people ruined it this was one of the ideas behind crypto
If nothing else it's a bit of a faff. But again you'd need someone to convert it to fiat for it to be useful in every day life, which isn't super removed from a payment processor. It's pretty much difficult to get away from a middleman somewhere.
The idea is it becomes the fiat
I hate so much everytime I remember what cryptocurrency was supposed to be and what has become.
For a little while I bought coffee and strawberries with Bitcoin back more than 9ish years ago. It was pretty cool easy with the first apps.
Worked well.
I got some works my a couple of contracts. So not so much Fiat was needed. Only later.