MemberOctober 13, 2021 at 10:04 am
I am more concerned of cryptocurrency not having any value other than speculation. It only has value because people believe it does and people keep buying into it, raising its price. When people lose interest, and less people are trading them, the price will drop.
I personal do like having money being centralized and being backed by our government. It adds some sense of ‘accountability.’
I believe the block chain idea is great, but there should be some regulation in place before any businesses begin taking cryptocurrency seriously … especially for a start up company, which is a risk in and of itself.
I do not believe the right question is whether “cryptocurrency as payment is clean for the environment?” I believe the right question is whether “Aptera should put their faith in a versatile and questionable currency as a form of payment during their critical phase of development?”
China have decided to banned cryptocurrency-related transactions due to “concern around national security and safety of people’s assets”
There is an ongoing lawsuit against Tether since they are acting like a bank that resembles a Ponzi scheme.
Of course, I am not part of the board and I do not know the decision making process they went into coming to this result.
I made some investment in Aptera, so I am just sharing my opinion and concerns.