solarpunk memes

3012 readers

241 users here now

For when you need a laugh!

The definition of a "meme" here is intentionally pretty loose. Images, screenshots, and the like are welcome!

But, keep it lighthearted and/or within our server's ideals.

Posts and comments that are hateful, trolling, inciting, and/or overly negative will be removed at the moderators' discretion.

Please follow all slrpnk.net rules and community guidelines

Have fun!

founded 2 years ago

MODERATORS

[email protected]

490

one more shitty techbrofad down (slrpnk.net)

submitted 2 months ago by [email protected] to c/[email protected]

184 comments fedilink hide all child comments

https://www.goingconcern.com/ais-hype-phase-is-dying-and-fast/

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 2 months ago* (last edited 2 months ago) (1 children)

Name one stable currency. All currency fluctuates (Forex trading). But yes, crypto is very volatile comparatively

[–] [email protected] 1 points 2 months ago (1 children)

How many more decades do you think until crypto stabilizes?

[–] [email protected] 4 points 2 months ago* (last edited 2 months ago) (1 children)

I don't think investors in crypto want it to lose volatility. But again, all currencies are subjected to volatility. No currency is perfectly stable. Hence, derivatives.

[–] [email protected] 2 points 2 months ago

That was my point, in essence. Crypto fails as currency because the people in that market don't want it to be less volatile, making it bad for typical currency uses.

While yes, the relative values of currency fluctuate over time and in relation to one another, it's orders of magnitude less and driven by far more predictable and based on actual real world factors. Instead of Fomo, whims, market whales, and indecipherable white papers.