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Binance targeted in $6.3 billion crypto heist, the largest ever (www.nbcnews.com)
submitted 1 week ago by to c/technology@lemmy.world
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[–] 2 points 1 week ago (3 children)

Closest by far is Monero. They are actually willing to spend it as a currency, and when looking at statistics from companies that accept different cryptocurrencies, Monero is always either number one or number two on the list.

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  • [–] 3 points 1 week ago* (last edited 1 week ago) (2 children)

    companies that accept different cryptocurrencies

    But this is the issue, that's like 0.0001% of possible places you can use your funds (probably I'm way too generous with that number), and none of it to not die from hunger, cold or dehydration.

    And the volatility is still absolutely absurd for something to be used as currency, like all other Cryptos it is dominated by instability and speculation to an excessive degree.

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  • [–] 1 point 1 week ago (1 child)

    I have been buying groceries through giftcards for over 3 years now and i have not died of hunger or dehydration. The cold is admittedly a bit harder. I dont have that one figured out yet.

    But I am able to take my Monero and use it to interact with the brands and companies that everybody else uses.

    What I was saying above is that for companies that accept different types of cryptocurrency directly, Monero is always in the top one or two spot.

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  • [–] 2 points 1 week ago*

    I have been buying groceries through giftcards for over 3

    Fair enough, this seems very regionally specific though. I can only buy gift cards for local supermarkets with my credit card for example. And in all the countries I've been to (granted mostly on the European continent) I've never seen an option for using crypto for gift cards.

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