this post was submitted on 12 Oct 2025
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The difference is that first currency is backed by nation state trust.
Crypto is touted as independent of that, except we've seen that's not really the case in recent years. So yea, what's the point then of crypto?
https://en.wikipedia.org/wiki/Civil_religion
violence
What kind?
There's only one kind of violence: The kind where a party uses power to deprive another party of a current or potential freedom. We tend to conflate violence with physical force, and much of it is that, but it isn't limited to that nor are the means of the nation state.
(To be clear the user above conflated capitalism with fiat currency, this answer works for both)
Can you give specifics for how that applies in this context?
Not sure. What do you mean by that?
How the comment you replied to maps onto your singular definition for violence. Who are the parties, what are the freedoms, etc?
You can pay and get paid on the internet with it. No ID required. No blocked transactions (if you don’t go through companies, or use the right crypto). Anonymous and confidential payments on the internet that can be withdrawn or used without too many problems, with the coins made for that.
P2P online payments without going through some kind of company is not possible without crypto. There’s just no alternative.
You can accept donations without revealing personal information about yourself…
Do I need to go on?
I used it to send some money to a friend in another country.
The fees from the more "conventional" services were really expensive to send money between our two countries, for some reason (government [dis]agreements, I assume).
I just sent crypto instead. It was much cheaper and simpler.