No one says cash is a scam because the finance bros on wall street use it to scam people in far worse ways.
But for some reason it's functionally impossible to separate crypto from the scamers who use it.
17Well, the crypto bros only seem to come up with scammy uses for crypto, whereas cash can be exchanged for goods and services.
31Awww... I want a peanut....
EXPLAIN HOW!
6Doesn't mean there are no uses for crypto. Protesters and activists use it to fund their campaigns, for example. Or sanctions often have collateral damage that can be circumvented using crypto; for example, cutting Russia off the traditional financial system means, among other things, inability to financially support Ukrainians or the army, and on top of that, inside the country you'll be jailed if the police knows.
I personally use crypto from within Russia to rent a VPN server, and to support projects that do accept it.
Now, the other point is that proof-of-work consensus mechanism behind many of the crypto projects relies on ever-heavier computing, and while it remains unrivaled in terms of decentralization, it is not eco-friendly, which is very bad. Luckily, proof-of-stake cryptos exist, and their footprint is minimal.
5Since you missed the point of the comment above, scams exist for every currency. What crypto brings to the table is secure, as in cryptographically secured wallets keeping your digital access to funds yours alone, and decentralized, as in no government can rapidly devalue it or shut it down, multiple ledger finances.
But yes, don't buy the hip new coins because of any influencers, and don't fall for "it's never going back down" pump and dumps.
2there is a very small subset of cryptos that can be exchanged for real world goods and services too.
let me introduce you to my new invention: SuperDuperCoin!I'm joking. but the first part is true.
2
Both things can be true: cash is a scam and so is crypto. The reason I despise crypto is because they just reinvented capitalism, when the old one was working just fine (in the sense that capitalism is not a broken system: it is functioning just as designed, benefiting the ruling class). So now we've got two ways they're scamming us.
22
Mod approved
Though I was highly tempted to lock or remove this post just to twist an admin's nose with my modicum of power.
8Mod disapproved :3
I think it should go into solarpunk art or solarpunk propaganda
“Meme” it’s a very general concept ok, but here in the sub “memes” is clearly for the comedy ones lol
It’s just artwork with catchy slogan, no laugh involved u.u
5
Adobe and apple are the only ones who gets to scam me!
5I have found my people!
3Hey! I Own This Image, It's My NFT! You Can't Post This!
Lol nah jk
2Jezuz dude. 1986 called, they want their color palette back.
1Are they ready to fight for it?
3
