Reply to post:

From Libra to leave-ya: eBay, Visa, Stripe, PayPal, others flee Facebook's crypto-coin

DavCrav Silver badge

"So what do you propose instead."

I'm proposing you suck it up. There are only two methods of exchanging goods:

1) Barter.

2) An externally managed and regulated medium of exchange.

You can try something like gold, but that's hugely deflationary, and will be incredibly bad as a medium of exchange. That's why everyone moved off it once economies started to grow substantially.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

SUBSCRIBE TO OUR WEEKLY TECH NEWSLETTER

Biting the hand that feeds IT © 1998–2020