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submitted 1 week ago by cm0002@lemmy.world to c/memes@lemmy.world
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[-] technocrit@lemmy.dbzer0.com 2 points 1 week ago* (last edited 1 week ago)

If a state converted from paper money to crypto, the only discernible differences would be like more computers, more transparency, less middlemen, etc. Crypto is literally just a new (distributed, open) form of accounting.

[-] zalgotext@sh.itjust.works 1 points 1 week ago* (last edited 1 week ago)

Sure, and that would make that cryptocurrency a fiat currency.

*Also, it's not even close to being new, the idea of distributed ledgers has been around for decades at this point.

this post was submitted on 11 Mar 2025
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