Because the claims of people involved with cryptocurrency are historically very untrustworthy, that’s why.
The thing that got me interested is that BlueSky says it’s “decentralized” but the more I look into it, it’s only “decentralized” using a very narrow, highly technical definition of the term “decentralized”.
Cryptocurrency is the same. People with a financial stake in cryptocurrency often say it is “decentralized” but it’s only true if you accept their extremely narrow definitions of what that word means.
brucethemoose@lemmy.world 1 week ago
Because however one feels about blockchain tech and its future, past companies within the crypto industry are notorious for selling the moon, being shady, and cashing out early. ‘ZCash’ appears to be a good example, particularly because a small group exerts such a high level of control.