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ipitco@lemmy.super.ynh.fr ⁨3⁩ ⁨days⁩ ago

Yeah i suppose any form of payment that you have to keep secret for some reason is a reason to use crypto, though I struggle to imagine needing that if you’re not doing something dodgy

imagine you’re a YouTuber and want to accept donations: that will force you to give out your name to them, which they could use to get your address and phone number. There’s always someone that hates you, and I rather not have them knowing my personal info

Wat. Crypto is not good at solving that, it’s in fact much much worse than traditional payment methods. There’s a reason scammers always want to be paid in crypto

if you’re the seller then it’s a lot better. With the traditional banking system, with enough knowledge you can cheat both sides: stolen cards, abusive chargebacks, bank accounts in other countries under fake name/fake ID…

Crypto simplifies scamming when the seller, and pretty much makes it impossible for buyers

What specifically are you boycotting?

Card payments, international tranfers, national transfers taking days to complete, money being seizable at all times

many banks lose money on them

Their plans are basically all focused on the card you get. Pretty sure they make money with it, else many wouldn’t offer cash back (selling infos and getting a fee from card payments?)

if you think the people that benefit from you using crypto (crypto exchange owners and billionaires that own crypto etc.) are less evil than goverment regulated banks, you’re deluded.

Banks are evil anyways, does it really change anything? The difference is that it technically helps everyone using crypto, not only the rich.

Plus P2P exchanges are a thing

You’ll spend more money using crypto for that, not less

That’s just factually false. Do you know the price of a swift transfer? Now compare it to crypto tx fees, with many being under $0.01

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