here is a link to the study that the article cites : https://irle.berkeley.edu/wp-content/uploads/2024/09/Sectoral-Wage-Setting-in-California-09-30-2024.pdf
here is a link to the study that the article cites : https://irle.berkeley.edu/wp-content/uploads/2024/09/Sectoral-Wage-Setting-in-California-09-30-2024.pdf
It would be fun for that guy to discover transaction fees and wait times for crypto when he actually tries to pay with it.
Some are extremely quick with fees that amount to basically nothing compared to the current fees for card transactions (that are paid by the stores instead of the customers, so they end up being included in the price of what we’re buying, it’s just not transparent).
Algorand takes something like 4 seconds to execute a transaction and the fees are about a cent, Nano has no fees and transactions take less than a second…
There’s a lot to criticize about Cerrito, but on those points, not all cryptos are Bitcoin or Ethereum!
Heck, even Bitcoin and Ethereum are capable of instant transactions with tiny fees nowadays, thanks to the Lightning network and Layer 2 respectively