this post was submitted on 24 Oct 2024
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Ask Solarpunk

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submitted 15 hours ago* (last edited 14 hours ago) by Petros to c/asksolarpunk
 

We need altcoins as long as we interact economically over the net, with people we do not know (or simply with people outside our local communities). If we try to imagine what qualities a "solarpunk coin" should have, what are your thoughts? Do we know any existing coin, checking all boxes? This question is more about political economy of Solarpunk, then its technology.

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[–] poVoq 3 points 10 hours ago (1 children)

Blockchain is just another name for a public (distributed/shared) ledger. Due to scaling and privacy issues of that, this method is inherently unsuited for direct payment use, but it could be useful for an inter-bank exchange market of local currencies.

[–] Petros 2 points 10 hours ago

...which is ideally / eventually the usecase for the coin I am thinking about.