Cryptocurrency can’t handle this amount of transaction. Also, it’s so much power hungry. We need something lightweight and powerful.
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stevestevesteve@lemmy.world 8 months ago
Or… One of the primary reasons decentralized cryptocurrency was invented
hmmm@sh.itjust.works 8 months ago
stevestevesteve@lemmy.world 8 months ago
It sounds like you’re conflating Bitcoin with cryptocurrency. Bitcoin is power hungry. Not all crypto is proof-of-work, and actually, most aren’t. Not all crypto has insane transaction fees, that’s mostly a Bitcoin thing. These are massive issues with Bitcoin which is why I’m surprised anyone still values Bitcoin at all.
ICastFist@programming.dev 7 months ago
As long as bitcoin’s price dictates the rest of other coins’ prices, it won’t matter that there are “better” coins. Whenever bitcoin has a surge or a big drop, every other coin follows.
monogram@feddit.nl 7 months ago
I heard monero is the one that’s used to purchasing instead of trading. Like for VPN’s and such.
InternetCitizen2@lemmy.world 8 months ago
Its primarily interacted with through centralized brokers and never treated as a currency.
GreenKnight23@lemmy.world 8 months ago
how’s that fascist boot taste shit licker?
stevestevesteve@lemmy.world 8 months ago
How exactly is moving away from centralized, controlled infrastructure “fascist”?
GreenKnight23@lemmy.world 8 months ago
because cryptocurrency has been used as a method of laundering money to fascist groups for over a decade.
jumping_redditor@sh.itjust.works 7 months ago
and so were guns and trains, that doesn’t make them fascist either