Post A6fTO0LeAKGpXe5m5I by epical@fosstodon.org
 (DIR) More posts by epical@fosstodon.org
 (DIR) Post #A6fTO0LeAKGpXe5m5I by epical@fosstodon.org
       2021-04-27T09:41:16Z
       
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       So now the trend is to crap on crypto? People complaining crypto has xyz issues, completely oblivious those issues are the same on any currency and most markets.:blobcatfacepalm:
       
 (DIR) Post #A6fTO0qqILDx6Oggi0 by person@fosstodon.org
       2021-04-27T09:49:34Z
       
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       @epical Considering it's effect on chip shortage, power consumption and uselessness as actual currency I think there are more than enough reasons to shit on cryptocurrency.
       
 (DIR) Post #A6fTmHMOZC77Fn17hI by sotolf@fosstodon.org
       2021-04-27T09:51:47Z
       
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       @epical Ehrm, there is no other "currency" (cryptocoins as they are now are at best a store of value) that is based on deliberately wasting resources.Look at the cost of doing one transfer over bitcoin over something like SEPA.
       
 (DIR) Post #A6fTmHqAmTvuk8wu6y by person@fosstodon.org
       2021-04-27T09:53:57Z
       
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       @sotolf @epical Not to mention  it's very difficult to get your hands on crypto money. You need to have a lot of money to properly invest in it and only people who can do this are those who already have a lot of money
       
 (DIR) Post #A6fTu5n3T31VgdDFRo by sotolf@fosstodon.org
       2021-04-27T09:55:22Z
       
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       @person @epical Yeah, and proof of stake is basically the same thing put into a system, so the haves can get more, and the ones that already have the means gets to control the whole chain, it's also a very faulty system. Not to forget if I forget my bank account number I can just go to my bank if I forget my wallet number the money is just gone.
       
 (DIR) Post #A6fU5i2Xb1DpV9zmXw by epical@fosstodon.org
       2021-04-27T09:57:29Z
       
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       @person That's not cryptocurrency, is bitcoin.
       
 (DIR) Post #A6fUBrpI7jbLagjavg by epical@fosstodon.org
       2021-04-27T09:58:36Z
       
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       @person Nah, you can start with $5.
       
 (DIR) Post #A6fUNbOX2elG6VoVI8 by person@fosstodon.org
       2021-04-27T10:00:36Z
       
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       @epical Let's not pretend stuff like Etherium is better.
       
 (DIR) Post #A6fUgpXyeEa9UzOsVM by person@fosstodon.org
       2021-04-27T10:04:11Z
       
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       @epical What are you gonna buy with 5$? Basic Attention Token?
       
 (DIR) Post #A6fUm19euySMwoV0Iy by icedquinn@blob.cat
       2021-04-27T10:05:08.681726Z
       
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       @person @epical central banks have announced the intention to run their own. expect propaganda funded to get rid of their competitors.
       
 (DIR) Post #A6fUnRptCgWbzGvyLY by epical@fosstodon.org
       2021-04-27T10:05:22Z
       
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       @person Anything that is going up :)
       
 (DIR) Post #A6fV0wlDXP7PfABYlk by person@fosstodon.org
       2021-04-27T10:07:49Z
       
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       @icedquinn I mean it's not like their competitors are good or anything, I wouldn't mind it very much :blobcatshrug:
       
 (DIR) Post #A6fVQvo5hpe4Eav6PY by person@fosstodon.org
       2021-04-27T10:12:31Z
       
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       @epical I personally don't want to contribute to the problems of crypto, especially the environmental ones. You can do it if you want to :blobcat: