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Only exchangeable at the Pearly Gates, tbf
(thelemmy.club)
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this post was submitted on 25 Jun 2026
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History Memes
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Explanation: Cryptocurrency is a modern phenomenon wherein non-physical units of account not backed by any authority as legal for payment are purchased and sold under the promise that they will be worth something.
Indulgences were a medieval Catholic practice wherein non-physical units of (moral) account not backed by any authority as legal for payment are sold under the promise that they will be worth something. Namely, worth the absolution of a few sins when trying to get into heaven.
Damn, Catholics are dull. You can just sacrifice Jesus at the cross and get absolution for free.
I wouldn't really call that cryptocurrency. It's more of a pay to win scheme