• DefinitelyNotAPhone [he/him]
    ·
    3 years ago

    Machine that translates made up currencies into slightly less made up currencies like dollars. Why you'd bother with crypto only to take it out as cash later... who knows?

    • SacredExcrement [any, comrade/them]
      ·
      3 years ago

      I mean, Wall Street has definitely been investing heavily in it (or they were back when I still casually followed this trash in like 2018), so...it's a speculative investment, much like any other shitty stock lol

      Except unlike them (where a stock can be mostly untethered to anything tangible), Crypto is completely untethered to any sort of tangible assets