Comment on [Update: Valve Responds] Mastercard Denies Pressuring Steam To Censor 'NSFW' Games

misteloct@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

• kadup@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Cryptocurrency is a pyramid scheme and has no real utility.

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  • misteloct@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

    Monero, a decentralized censorship proof cryptocurrency, has no real utility with regard to solving MasterCard’s censorship and only depends on a pyramid of investors to function at all? That is not my understanding.

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    • kadup@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Monero, a decentralized censorship proof cryptocurrency, has no real utility with regard to solving MasterCard’s censorship and only depends on a pyramid of investors to function at all?

      Monero - the digital token with no real world value, yes. You don’t need crypto to fix this issue. Brazilians can use Pix and would not depend on MasterCard and Visa, and this includes everything from physical purchases to digital storefronts to paying in installments and more. All attached to currency that actually means something and zero crypto bros trying to pump the value up or down on their delusional subreddits.

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      • misteloct@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

        Pix sounds trivially easy to censor, freeze, or control from the government’s perspective. Unless I’m missing something that makes it easier for the government to censor innocuous NSFW content.

        Monero can be used immediately without storing a balance for longer than a few minutes, although a correlation attack would be trivial like that. But at best it is not subject to market whims any longer than you decide is necessary for your anonymity needs. It’s the perfect case for purchasing NSFW software, where you want the purchase private and uncensored even when it’s perfectly legal. That sounds like an incredible real world value, even after the crypto bros are long gone.

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• Rbnsft@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Its used like one.

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  • protogen420@lemmy.blahaj.zone ⁨1⁩ ⁨day⁩ ago

    afaik the least pyramid scheme crypto coin is monero, bitcoin is used almost purely as a speculative asset which is just sad

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    • misteloct@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

      Bitcoin does have some more utility based proposals but for the foreseeable future, I agree. Most cryptos are like that too.

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  • misteloct@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

    It’s mostly used like that, but doesn’t mean it has no utility whatsoever.

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    • Rbnsft@lemmy.world ⁨1⁩ ⁨day⁩ ago

      The other 5% are used for drugs and other illegal stuff. So Yeah it is used for trading but 90% is just scam or investment

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      • misteloct@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

        Source?

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