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Creative Title (lemmy.world)
submitted 1 year ago by to c/memes@lemmy.world
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Not really a meme meme, but i felt like i had to :s

The "1984 Calendar" meme template where the woman says "Payment processors are banning NSFW content on all platforms by threatening to stop processing payments."
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[–] 3 points 1 year ago (3 children)

Is this a serious question? Crypto is inherently decentralised and anonymous, from the base technology of the blockchain. The existence of crypto exchanges is directly opposed to its entire thesis as a digital currency, and only exist because people now treat it like a speculative asset and not like money.

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  • [–] 1 point 1 year ago (1 child)

    Yes it's decentralized and very hard to stop to parties from making a crypto transaction. But what about cases where you need to convert your crypto to say euros because the person/business you need to pay doesn't accept crypto? Don't you need an exchange for that?

    How easy/ widely accepted is it to pay for things using crypto (gas, rent, mortgage etc.)?

    The point I was trying to make is that if paying for stuff in crypto isn't ubiquitous, it's far less practical as a form of currency.

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  • [–] 1 point 1 year ago

    Not agreeing or disagreeing, but just a note that the alternstive to exchanges is peer to peer trading of cash/crypto where two individuals agree to swap. Obviously a lot more tedious and hard to do that, but with the right tools and mass adoption it could be feesible.

    If the government wants to ban crypto all together though, i doubt any solution could exist.

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