Alright. Here’s an argument why crypto doesn’t do that.

Today: Me Payment processor Vendor

Crypto tomorrow: Me Payment processor Crypto Crypto fees Payment processor Vendor

So not only am I paying the payment processor twice as much for the interaction (it doesn’t matter which processor, since the issue at hand is their monopoly) thus rewarding their censorship, I also wasted a whole bunch more money for the privilege.

Okay, so. First comment made this argument, to which I fired back that I’m not interested because:

Crypto is not a currency Is an environmental disaster Has massive deflation

And since this thread has begun we’ve changed that to:

Is not a currency (you ceded this when you said that transactions would be in USD, just with the crypto as the value carrier) Are mostly environmental disasters Has massive deflation (you ceded this again with your transactional argument)

Damn, your powers of persuasion are beyond my comprehension. /s

Seriously, the fuck are we doing here? You just wanna talk about nothing? I rather think daisies are pretty. What’re your thoughts?

Cool. So why would I ever want that? Why would I willingly buy a crypto to pay for a transaction when doing so is always detrimental to me over the person who I am paying? I’ll spend more than the amount of debt I have (thanks to various fees) in order to give the person I’m buying from an asset that’s more likely to gain value than lose. Instead of a dollar, a thing made to do the actual job of a currency that everyone already has and accepts.

Deflation is not relevant for a transaction

What are you trying to say with this? Cause I’m stuck between the very literal and wildly confusing.

I will say, regardless of your further explanation, that deflation makes transactions less likely to happen, which is the whole point of a currency to begin with. Would you rather pay a debt to a friend off with dollars or a cryptocoin? Cause my money is that most people would say the dollars since the crypto could grow, whereas the dollar is always shrinking. A speculative asset is not something most people would give away like they would money.

That’s how you break limbs! So fun!

Oh cool. Minor environmental disasters wrapped in explosive deflation.

I’m cool with not trying the money that isn’t money but instead is an environmental disaster wrapped in explosive deflation.

Why are there pipes (“|”) in the text? It’s throwing me