715
Bitcoin is Stupid and Does Not Deserve an Emoji (blog post)
(thedabbler.patatas.ca)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 04 Aug 2024
715 points (87.0% liked)
Technology
59286 readers
4102 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
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.
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.
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.
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. Obviously, that's done by making more and more things illegal to make more and more people criminals.