• porsche13@lemmy.today
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    21 hours ago

    Decentralized money as well. We need to move away from the control of government and corporations (they are now one and the same). I’m putting more and more of my money in bitcoin. The dollar will continue to erode while wages stay flat. And Trump and his new oligarch buddies will completely decimate the American economy and stock market while they make out like bandits, leaving everyone else the bag holder. Your 401k isn’t safe anymore.

    • cy_narrator@discuss.tchncs.de
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      20 hours ago

      Trust me bro, if your underground stash of money is robbed or stolen because you refuse to trust a bank to safeguard it, it will be considered your fault

    • shortwavesurfer@lemmy.zip
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      21 hours ago

      Same but with Monero. I don’t need my friends, neighbors, $5 wrench attackers, and governments knowing how much money I have. And neither should you.

        • shortwavesurfer@lemmy.zip
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          6 hours ago

          Yes, but it does not work well. You constantly get failing payments due to inadequate channel liquidity unless you’re using a large centralized wallet provider and using a large centralized wallet provider defeats the purpose of peer to peer digital cash that’s uncensorable.