Cryptocommodities ("cryptocurrency", "crypto", Bitcoin, Litecoin, Ethereum, Monero, Zcash and their successors)

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journo
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Cryptocommodities ("cryptocurrency", "crypto", Bitcoin, Litecoin, Ethereum, Monero, Zcash and their successors)

Post by journo » Fri Oct 18, 2024 10:30 am

Wanted to create a thread about cryptocommodities to help debloat threads about Wikipedians who talk about such.

And also be a general supporter of cryptocommodiites as a way to exchange monetary value.

Never had an issue with commodity transfer using Litecoin in particular. Must have made a billion transfers using it and not once worried it would not work out. On the other hand, I regularly experience issues with more traditional banking services that involve even just basic USD transfer. If I transfer Litecoin I pretty much know for sure it will arrive within half an hour, and if not I can always see how many confirmations I have to wait for. On the other hand, if a USD payment of mine is stuck in the banking system, and I call, they *cannot* give me updates about 1) where it is 2) why it is taking so long 3) how long I have to wait. Litecoin is a vastly superior payment transfer method than banking nowadays in my humble opinion. Not Bitcoin though because of the ridiculous fees and wait times.

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Re: Cryptocommodities ("cryptocurrency", "crypto", Bitcoin, Litecoin, Ethereum, Monero, Zcash and their successors)

Post by journo » Sat Oct 19, 2024 12:18 pm

Kamala Harris Is Courting Crypto Investors.

https://finance.yahoo.com/news/kamala-h ... ccounter=1
"We will encourage innovative technologies like AI and digital assets while protecting consumers and investors," Harris said

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Re: Cryptocommodities ("cryptocurrency", "crypto", Bitcoin, Litecoin, Ethereum, Monero, Zcash and their successors)

Post by journo » Sun Nov 17, 2024 1:18 pm

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This whole market is obscenely overvalued and has been for years. Of course not the first person to say this but it is simply not worth this much money imho.
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