Lmao
PTSDwarrior@lemmy.ml 5 days ago
If I were to become in charge of a post-Trump USA, crypto would be outlawed and anyone who creates crypto will be either given the death penalty or a slow death in a cement box in El Salvador. Crypto is evil and has allowed the evil in this world to flourish. Anyone who is pro-crypto here, I will figure out who you are and you will be on my list for the future.
CtrlAltDefeat@sh.itjust.works 5 days ago
nutsack@lemmy.dbzer0.com 5 days ago
I would like to be shot out of a cannon with poop
Pulsar@lemmy.world 5 days ago
You can say the same about any technology advancement. The fire, wheel, black powder, electricity, radio, tv, internet, crypto, AI, etc. The problem doesn’t reside in the technology but in the people exploiting it for evil intentions.
LandedGentry@lemmy.zip 4 days ago
StereoCode@lemmy.world 4 days ago
Guns don’t kill people, people kill people excuse.
LandedGentry@lemmy.zip 4 days ago
echodot@feddit.uk 4 days ago
I hate that argument because it’s already been disproven. People use guns to kill people, often in heated situations.
If everyone wasn’t wandering around with guns in their pockets all of the time then they wouldn’t be the opportunity to shoot someone. Things would massively improve if the law was simply adjusted to not allow people to carry guns in public and they’re only allowed to own them in their house. The gun nuts will still be able to play with their toys, but the murder rate would drop.
Rekorse@sh.itjust.works 5 days ago
So what’s the positive uses of crypto then? You listed many things that are immensel useful like the wheel, fire, electricity, etc. Do you think crypto fits in that category?
orosus@lemmy.world 4 days ago
I don’t want to say crypto in general, but Bitcoin in particular was born after the 2008 crisis, as a decentrized form of money, meaning storing value against the inflationary fiat money that the goverments can print in a centralized manner, destroying all your savings. I think any technology that empowers decentralization is positive. Same as fediverse. And in the case of bitcoin, having a decentrized money it’s a really positive tool for freedom to avoid centralizing the power in the governments. But I am curious on knowing why you say that there is no positive uses.
Saleh@feddit.org 4 days ago
Well, the decentralization of Bitcoin only lasted so long. Now it is in the hand of a few large “mining” corporations who can afford the hardware and have access to cheap electricity.
Rekorse@sh.itjust.works 4 days ago
Why do you think freedom and decentralization is always good? I don’t think bitcoin improves lives and the majority of people view it as gambling rather than currency. Sometimes its useful to get around local regulations or to pay slightly less in fees that would normally go to a bank. Its just a different western union money transfer and yet people on here are talking about it like it represents freedom and the individual spirit or some nonsense. Its main use is to scam people out of money. Its secondary use is to facilitate purchase of illegal goods. A very small fraction of the whole is people using it as an actual currency.
I’ll put it this way, a small fraction of responsible heroin users does not make heroin as a whole a good thing.
mudstickmcgee@sh.itjust.works 4 days ago
Just an anecdote but never the less.
A couple of years ago I got a job at an animal shelter in a country that’s not the one I live in. For this I was paid 400€/m in cash to cover my bills back home during the time. So I went to the local BTCatm and even though they charge an insane markup (15/20% iirc) it was still cheaper than the “minimum fee” charged by the bank/western union.
As useful as the electricity or fire? Probably not. But as a tool for low paid workers that go to another country and is sending money home to their families without having to pay half of it in fees it’s pretty usefull.
Guacamole@lemmy.world 4 days ago
Original purpose of BTC is to prevent government from controlling and inflating the supply of money. You can’t make 1000 BTC from thin air and put it into circulation. There is no company or CEO that controls it, it’s in control by the open community. That’s regarding BTC, other cryptocurrency nah
Hawk@lemmynsfw.com 4 days ago
One can buy weed with crypto. I can’t do that with a bank card.
I guess, not everyone wants a centralised currency
RedditIsDeddit@lemmy.world 4 days ago
I know this is AI but I get tired of answering this question so this suffices:
Here’s a breakdown of some notable positive uses:
LandedGentry@lemmy.zip 4 days ago
Rin@lemm.ee 4 days ago
Monero will:
Honytawk@feddit.nl 4 days ago
Knock_Knock_Lemmy_In@lemmy.world 4 days ago
It’s used as money in Vietnam and Argentina.