shortwavesurfer

@shortwavesurfer@lemmy.zip

• ⁨Comment⁩ on ⁨API error knocks PayPal, Venmo offline around the globe⁩ ⁨⁨15⁩ ⁨hours⁩ ago⁩:

  My mistake, so many people don’t realize that gift cards are a thing, but that there are other options as well.

• ⁨Comment⁩ on ⁨API error knocks PayPal, Venmo offline around the globe⁩ ⁨⁨18⁩ ⁨hours⁩ ago⁩:

  I mean yeah, I know you can buy lots of things with gift cards by buying the gift cards with the currency you intend to. But I mean like directly. As in you pay someone directly or narrow or Ethereum or whatever and they will send you a toaster or a coffee maker or a crockpot or whatever.

• ⁨Comment⁩ on ⁨API error knocks PayPal, Venmo offline around the globe⁩ ⁨⁨1⁩ ⁨day⁩ ago⁩:

  Do people price items in ETH or is it just a utility token for the Ethereum network? Because it seems more like the latter rather than the former. Like, will somebody sell you a toaster priced in ETH? Because I will sell you a toaster priced in Monero today. xmrbazaar.com/listing/ivSz/

• ⁨Comment⁩ on ⁨API error knocks PayPal, Venmo offline around the globe⁩ ⁨⁨1⁩ ⁨day⁩ ago⁩:

  I guess what I’m meaning is that American citizens are basically forced into using the US dollar. If you go to the grocery store in Atlanta, Georgia, you cannot use euros to buy your groceries. And so you just have to put up with whatever the grocery store says it’s worth. The forex markets such as the euro dollar market or the yin dollar market or the yuan dollar market set the actual value of the dollar, but the Fed does have control with inflation.

• ⁨Comment⁩ on ⁨API error knocks PayPal, Venmo offline around the globe⁩ ⁨⁨1⁩ ⁨day⁩ ago⁩:

  True, but the market decides what it’s ultimately worth. For example, Monero, on the 365-day moving average, is worth $152.31. And it fluctuates within about 6% of that level, almost always.

• ⁨Comment⁩ on ⁨API error knocks PayPal, Venmo offline around the globe⁩ ⁨⁨1⁩ ⁨day⁩ ago⁩:

  I don’t see how considering that Monero, which is actually used by people as money, has a supply inflation of less than two percent. And if I remember correctly, Bitcoin also has a supply inflation of less than two percent. Other cryptos are not money. They are either utility tokens to be used for a specific purpose or complete and utter degenerate scams such as meme coins.

• ⁨Comment⁩ on ⁨API error knocks PayPal, Venmo offline around the globe⁩ ⁨⁨2⁩ ⁨days⁩ ago⁩:

  Cash still loses value at the whim of the central bank and therefore is good in that it cannot be confiscated electronically but bad in that it can be confiscated quite well through inflation. Sure, you absolutely may have the same amount of notes in your pocket, but those notes buy less and less over time.

• ⁨Comment⁩ on ⁨API error knocks PayPal, Venmo offline around the globe⁩ ⁨⁨2⁩ ⁨days⁩ ago⁩:

  Easy fix, use monero and cake wallet