A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
In this community everyone is welcome to post links and discuss topics related to privacy.
Some Rules
- Posting a link to a website containing tracking isn’t great, if contents of the website are behind a paywall maybe copy them into the post
- Don’t promote proprietary software
- Try to keep things on topic
- If you have a question, please try searching for previous discussions, maybe it has already been answered
- Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
- Be nice :)
Related communities
Chat rooms
-
[Matrix/Element]Dead
much thanks to @gary_host_laptop for the logo design :)
- 0 users online
- 57 users / day
- 383 users / week
- 1.5K users / month
- 5.7K users / 6 months
- 1 subscriber
- 2.97K Posts
- 74.6K Comments
- Modlog
It’s that there is significant institutional support to keep the current monitory regime in power. There have been plenty of volatile state controlled currencies too.
You so realize how Looney you sound right
Name me a single currecny that has ever been able to loose its value in literal seconds, just one, go on ill wait
only your fake funny code coins are able to that arent they
To be honest I don’t know if any currency that was both able to speculated online as well as having no official reserve currencies or ties to a major world economic zone. That combo is volatile, more so than the unpegged currencies of the past or the pegged currencies of today.
Again there work towards that happening hence why there is some stability.
lmao, crypto has never worked towards that, it has only gotten worse by the year and is an absolute shitshow now bitcoin, the originator of this trend is just as volatile, 30k for a single coin, seriously? it just takes one person with a lot of them to tank its value in seconds
“pegged” currency as youd like to call it cant be crashed that easily nor that fast
Currency pegging is a term in monetary theory. Stable coins are examples of currency reserves in the crypto space.
sure, except there are no stable coins, when, again, all of them can be crushed in a matter of seconds
Again no, stable coin is a term, but I see how it could be confused. It’s in reference to a token backed by some other store of value. So an agreement that x number of a cryptocurrency can be exchanged for x number of dollars/yuan/etc.
i am aware, yet i have yet to see a single one actually stay stable and not crash than again, im not a crypto gal and making sure i never will be
That’s fair while they do have statically more stability then the crypto they are pegged too they are still more volatile then USD. It would be interesting to see the reserve size to volatility ratio of different currencies to see how they compare.