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Comment on Bitcoin is Stupid and Does Not Deserve an Emoji (blog post)

cygnus@lemmy.ca ⁨1⁩ ⁨month⁩ ago

Why would I “go after” an industry producing something useful, rather than grifters powering GPUs to do absolutely nothing of value? We can get to the glass industry once we’ve culled the useless garbage first.

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shortwavesurfer@lemmy.zip ⁨1⁩ ⁨month⁩ ago
Monero is CPU based. And actually we are providing something of value in that we are providing a private currency not controlled by any government where no government can tell you you can or cannot use it because they have no power to stop you from doing so. Now, whether you believe that is something we need in this world or not is a different value set.

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- alcoholicorn@lemmy.ml ⁨1⁩ ⁨month⁩ ago
  
  no government can tell you you can or cannot use it because they have no power to stop you from doing so
  
  I mean they can kick down your door and seize or hack your PC. That threat is enough to stop most people, making the currency pretty useless in countries that have cracked down on it.
  
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  - shortwavesurfer@lemmy.zip ⁨1⁩ ⁨month⁩ ago
    If the goons are kicking down your door, there’s not a whole lot you’re going to be able to do to stop them from doing so, because they will find something against you. On average, the typical US adult commits three felonies per day. So if they want you, they will get you.
    
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