234
Is Crypto Finally Dead?
(beehaw.org)
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 19 Jun 2023
234 points (100.0% liked)
Technology
37750 readers
854 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
The phrasing I like is "crypto is a solution searching for a problem".
Crypto enthusiasts start with the existence of crypto and try to fit it as a solution to some problems rather than trying to solve those problems without already having chosen the solution. The reasoning is often flimsy as a result. They're not actually trying to solve a problem and thus won't consider things like "how is this better than a centralized system?".
Ok, so how would you purchase something like something from Wakfu MMO or other services when at the time they were blacklisted by credit card or payment processing gateway? Literally the only way at that time is to purchase crypto like dogecoin so that you could actually buy something on those services. It still happen today where other services are classified as "high risk" depending on what they offers, where they are, and so forth. They get blacklisted by credit card company and payment processing company, so they literally have to resort to using crypto to work around this problem, because what else are they supposed to do?
But go ahead and make up crap about crypto like how it solve nothing. I am honestly tired of people whining about "muh energy efficiency", if you cared that much about energy efficiency, why don't you use the same energy protesting the crypto and instead protest the billionaire flying in their private jets or even better, why not ban computer games altogether? Stop being a hypocrite, I am honestly tired of this.