Beep@lemmus.org to Technology@lemmy.worldEnglish · 5 days agoEurope’s $24 Trillion Breakup With Visa and Mastercard Has Beguneuropeanbusinessmagazine.comexternal-linkmessage-square278fedilinkarrow-up11.33Karrow-down16cross-posted to: world@lemmy.world
arrow-up11.32Karrow-down1external-linkEurope’s $24 Trillion Breakup With Visa and Mastercard Has Beguneuropeanbusinessmagazine.comBeep@lemmus.org to Technology@lemmy.worldEnglish · 5 days agomessage-square278fedilinkcross-posted to: world@lemmy.world
minus-squaregroup_hug@sh.itjust.workslinkfedilinkEnglisharrow-up0·5 days agoSure one BTC is one BTC. But how many USD is a BTC worth? A lot of that depends on the stable coin tether and that is backed 100% by “trust me bro” And 99% of cryptoheads are just fine with “trust me bro” they just want “number go up” the rest of it seems to be misdirection and distraction.
minus-squarewhotookkarl@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·4 days agoI thought the point they were making is not using usd as reserve currency?
Sure one BTC is one BTC. But how many USD is a BTC worth? A lot of that depends on the stable coin tether and that is backed 100% by “trust me bro”
And 99% of cryptoheads are just fine with “trust me bro” they just want “number go up” the rest of it seems to be misdirection and distraction.
I thought the point they were making is not using usd as reserve currency?