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re: Why is crypto crashing?
Posted on 5/18/22 at 3:11 pm to BottomlandBrew
Posted on 5/18/22 at 3:11 pm to BottomlandBrew
quote:
If the majority of the validators agree the ticket is real, then it's real.
Let’s do a step further- the seller of this tickets wants to realize the amount that he receives- does he realize it in bitcoin or USD?
2
Posted on 5/18/22 at 3:31 pm to SlidellCajun
quote:
Let’s do a step further- the seller of this tickets wants to realize the amount that he receives- does he realize it in bitcoin or USD?
Why are you so focused on what currency is used at the grocery store? You aren't using your Fidelity account at the super market. It's a brutally bad debate point. I can turn USD to any crypto or world fiat currency I want within seconds. People trade currencies just like they do stocks, commodities, or crypto. For the love of God, do some research.
Posted on 5/18/22 at 4:12 pm to SlidellCajun
quote:
Let’s do a step further- the seller of this tickets wants to realize the amount that he receives- does he realize it in bitcoin or USD?
From a mass adoption point, I'd imagine consumer-facing front-end would be in USD or some form of USD CBDC, but the back-end would transact using some blockchain token, like matic, solana, loopring, or some other low-cost/high-speed blockchain system.
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