@mhoye depends on the use case.
I mean, I'm not going to defend scammy grifts like NFTs - period.
That being said #Monero :monero: actually works because it does one thing and one thing only: Work as #PaymentSystem!
Shri T. Rabi Sankar, Deputy Governor, Reserve Bank of India, "Fintech & Regulation," December 21, 2022.
— Available here: https://www.rbi.org.in/scripts/BS_SpeechesView.aspx?id=1346
#fintech #cryptoassets #stablecoin #digitalrupee #CBDC #DeFi #banking #financialservices #paymentsystem #regulation #financialstability #consumerprotection #financialinclusion #compliance #ReserveBankofIndia #India #centralbanks
#centralbanks #India #reservebankofindia #compliance #financialinclusion #consumerprotection #financialstability #regulation #paymentSystem #financialservices #banking #defi #cbdc #digitalrupee #stablecoin #cryptoassets #fintech
@grainloom
Hi Rain,
Phone videos should be fine for proving "something bad" happened.
Yes transaction fees are not great. We prefer #bitcoin for donations because they can be made #anonymous to the outside world and the fee goes to people who are actively supporting the #paymentSystem at that time.
#bitcoin #anonymous #paymentSystem