this post was submitted on 14 Jun 2023
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Well, technically, it is decent at being a currency even by your definition, just not in our society. I do think in something like a post apocalyptic world crypto would be a pretty good payment method, provided the technology worked to an extent where it would be possible to maintain.
I also refuse to believe it was invented to be speculative, I think it was basically a thought exercise to see if you could make a digital currency in a world where you can't trust anyone.
Though the fact that right now it's an unregulated currency that can be exchanged for regulated currency does allow for some pretty spectacular scams.