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Is there anything crypto does that paper currency doesn’t?

• SilasX 1y ago
  Yes, electronic transfer. Come on, if you’re going to copy someone else’s snark, pick a good one.
• reaperducer 1y ago
  Is there anything crypto does that paper currency doesn’t? Gets you the equivalent of mugged by people on the other side of the planet? At least with cash, it's a one-on-one involuntary transaction.
• codedokode 1y ago
  Paper currency can be devalued by the government by printing lot of paper (this has happened many times in our history). Cryptocurrency cannot.
• AStonesThrow 1y ago
  "Cryptocurrency" is a misnomer, because none of them are actual currencies. Cryptocurrencies are classified, for now, as securities. Currency is currency and cryptocurrency is not. So please do not attempt to compare apples to oranges here. https://en.wikipedia.org/wiki/Security_(finance) https://en.wikipedia.org/wiki/Security_(finance) If you wish to compare cryptosecurities to other securities, then do that, but don't try to act like it is some sort of future utopian currency.
  • arandomusername 1y ago
    Cryptocurrencies are not classified as securities. Bitcoin and Ethereum, the largest cryptocurrencies, were both declared as non securities by the SEC.