• QuazarOmega@lemmy.world
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    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
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      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