You can use that same argument against any currency. But you're mistaking digital currency as being different than physical currency. A $ is a $, digital or physical they are both the same value.
And you can teach a 5 year old how to count and exchange physical currency, but you gotta read half an encyclopedia of crap to even halfway wrap your mind around cryptocurrency.
Every article I read about crypto just gets longer and longer and more convoluted. How would I even go about simply purchasing a candybar at the store with cryptocurrency?
Is there an ELI5 version of a crypto tutorial that might actually explain how to even spend the stuff at the store?
Guess I forgot exactly what thread I was responding to after I woke up, my bad.
Still, honestly I don't get how any of these digital currency exchanges are supposed to work. I couldn't even get my bank to accept my tax return as a direct deposit, they rejected the transaction and had to send me a paper check.
At least I know what to do with paper in hand, but digital currency of any form, I'm totally lost.
I actually installed bank computers thank you very much. Even had C3 level security clearance for a bit to do my job.
I can't help it that their software can't do a simple fucking direct deposit from the IRS, I didn't write any of their software, I have no idea how it's supposed to work, and even the bank manager couldn't understand why the deposit didn't go through either.
When I realized even the bank manager couldn't understand it, was when I said fuck this, closed my bank account, and have stuck to physical cash ever since.
Yes, unfortunately I was born and raised in the chaotic country of the USA.
I'm almost 42, so I don't exactly take offense to occasionally being called a boomer. But hell, you'd figure the bank manager should be able to answer why a deposit transaction didn't go through.
Banking apps weren't quite a thing yet then though, as smartphones didn't quite exist yet. Any online banking done then was on a computer through a web browser.
Yeah it's not your fault at all, it was harsh for the other commenter to call you a boomer but I won't like I did chuckle. The US is slowly catching up, the bank I use mainly Monzo is now operating there, not with as many features but I highly recommend if you do want to try a more modern bank.