• Nalivai@discuss.tchncs.de
    link
    fedilink
    English
    arrow-up
    2
    ·
    1 year ago

    Greedy corporations being the doom of humanity isn’t an excuse for you to fall for a scam that helps bringing said doom. Both can be bad.

    • QuazarOmega@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      Ok I can agree with that, I also don’t like Bitcoin specifically, but there are other cryptocurrencies which actually have a use and, at the cost of energy of course, empower the users (for privacy, currency transfers, etc.), from what I know only Monero is really worth their salt in that regard as it also uses a proof of work algorithm (RandomX) that is purpose built to be unprofitable to run on power hungry ASICs

      • Nalivai@discuss.tchncs.de
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        Yeah, they do have their uses, world desperately needs some independent currency everyone can use regardless of race, nationality, borders, government interference, and corporate greed. For now Bitcoin is kind of the only one that everyone knows well enough to trust, given how quickly everything else comes and goes, and it’s very bad because it’s the shitty one