• AMoistGrandpa@lemmy.ca
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    1 month ago

    I know nothing about this topic, and I’m just here to learn - you said that blockchain isn’t the best solution with regard to decentralizing currency, but it is an option. What other options exist?

    • Wren@lemmy.today
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      1 month ago

      Obligatory not a finance person.

      I meant it more like “not the best.” In that it’s clunky, energy intense, and widely unregulated. As far as I know, there are no better solutions which aren’t theoretical.

      edit: But I guess there are plenty of small ways we trade value outside of a centralized currency. It’s just hard to put “great person who helps their friends move” on a credit report. But that’s less about currency and more about value as a concept.