this post was submitted on 08 Feb 2026
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When did you last experience this? (piefed.cdn.blahaj.zone)
submitted 1 day ago by LadyButterfly@piefed.blahaj.zone to c/womensstuff@piefed.blahaj.zone
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[–] kittenzrulz123@lemmy.dbzer0.com 19 points 1 day ago (1 children)

Ill address and counter all your points:

  1. As I already pointed out nothing is really being decentralized since it cant really be used as a currency, it doesn't matter how valuable it is if nobody accepts it. As of now its a glorified unregulated stock market.
  2. This causes just as many issues as it fixes if not more, unregulated international money flow naturally leads to companies being able to avoid taxes and huge money laundering operations.
  3. The places you can deposit and withdraw from this system are centralized and thus is pretty easy to track and corrupt 4, That makes scams easier, the fact that once you send money its impossible to retrieve it back. I would consider that a bad thing, it removes all buyer protections.
  4. The blockchain cant even store images, people were spending tens of thousands on links to images which arent even guaranteed to still be working. At that point since you're not really offering a service why shouldnt someone just download the jpg and make the print themselves since they have to do the second part anyway.
  5. Maybe a few shops ran exclusively by nerds but normal stores that normal people go to dont use crypto, you cant just pay with bitcoin or eth at a local grocery store
[–] Wren@lemmy.today 11 points 1 day ago* (last edited 1 day ago) (1 children)

You asked for practical uses and these were all practical uses for me and for many people.

Lack of regulation, your understanding of how NFTs work, how people in other countries with other regulations want to be paid, or whether you know about the shops that accept crypto, like newegg and shopify, have nothing to do with whether something is practical or not.

But from your last point, it doesn't seem like you care whether blockchain technology has built anything useful for people who aren't you, and it doesn't sound like you're engaging in good faith.

And, again, I am in no way endorsing or advocating for cryptocurrency. I got paid to do work for crypto people, so I learned about and spent cryptocurrency, practically.

Edit: I can't believe I forgot buying drugs. There is no better way to buy drugs on the darknet.

[–] Hexarei@beehaw.org 6 points 20 hours ago (1 children)

Wow. You really got the response from the meme lmao. Friendo there decided your expertise meant nothing compared to her confidence lmao

[–] Wren@lemmy.today 4 points 17 hours ago

Yep. I hoped someone else saw that. It was clear they were geared up for that argument the moment I mentioned blockchain, no matter what I said.