4min chapter

The Accounting Podcast cover image

SuiteWorld #3: The Debits and Credits of Crypto

The Accounting Podcast

CHAPTER

Cryptocurrency Is a Good Use Case for It

The idea of cryptocurrency as a smoothing function to make solar plants and other plants, like renewable plants, more sustainable long term is a phenomenally good use case for it where it makes them profitable. Bitcoin was designed to be incredibly conservative. The development of the protocol moves incredibly slowly. It is designed to be deflationary. Not every cryptocurrency is like that. You can't clump all crypto together. Some of them will work like Bitcoin seems to be having sustainability, but it's designed to be inflationary. Then you will also have scams and you just like, yeah, it is a caveat emptor to the absolute extreme. Like be careful.

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