Just got very lightly flamed by another user for making fun of crypto and was told that Lemmy and crypto have “the exact same advantages and disadvantages”. Now I disagree heavily there, since even if it shares some principles I’d argue that the scale of the problems change when you’re talking about a global finance system versus a social media platform filled with beans. But it did get me curious- how many of you are crypto supporters?

  • CptOblivius@lemmy.world
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    2 years ago

    I am not. Plus the ones needing to be mined by wasting of ton of energy are basically an environmental disaster.

  • YoFrodo@lemmy.world
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    2 years ago

    I don’t care about crypto at all. At this point I think of any crypto as pump and dump scams unless proven otherwise

  • simple@lemm.ee
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    2 years ago

    No? There’s definitely some overlap but they’re completely different concepts, just because I like Lemmy doesn’t mean I enjoy unstable coins that use up a ton of energy for no reason and can lose their value by the end of the day

    • justdoit@lemm.eeOP
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      2 years ago

      See, that was my response too! Federated servers will waste a bit of energy with duplicate fetch requests, sure, but it’s a far cry from the decades of compute time wasted with adversarial validation and cryptographic mathematics. And that doesn’t even deal with the shitty coins themselves.

      Was very confused why they seemed to think the concepts were the same, and thought maybe I was the idiot.

        • Buddahriffic@lemmy.world
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          2 years ago

          Thinking about it too much makes them feel uncomfortable and less optimistic, so they avoid it and try to just focus on the many things they will buy when the value of their crypto coins inexplicably goes really high (which it might if a lot of money needs laundering, though I wonder if previous rounds worked out as well as they were hoping or if they got fucked by exchanges disappearing with their money in the night and decided to just go back to 3 mattress stores on one corner in various cities.

  • Victor Gnarly@lemmy.world
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    2 years ago

    There’s a lot of federated (and now defederate) servers that are run by political and/or economic pariahs likely ousted by content flags/bans concerning spam. Now that regular folks are moving in though, the dynamics are quickly changing to a more common ideology.

  • Brickfrog@lemmy.dbzer0.com
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    2 years ago

    I do own & use cryptocurrencies a bit but would never had thought to link Lemmy to anything crypto related. Don’t even follow any crypto communities around here… being part of the Reddit exodus, over on Reddit there’s so much spam and shills surrounding the topic that I avoid those communities there too.

    My guess is you just happened to run into a random crypto bro.

  • Ducks@ducks.dev
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    2 years ago

    I’ve generally been seeing the opposite sentiment on Lemmy and I’m here for it. Crypto bros can stay on the other site.

  • niflhiem@lemm.ee
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    2 years ago

    Crypto is and always has been a joke. It also doesn’t work that much like the fediverse, which is basically a webring where the sites like to copy each other. TBH I’m looking forward to the webring host Lemmy instance drama and people being kicked from the webring defederated.

  • inspxtr@lemmy.world
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    2 years ago

    Dont think so, they might just be very loud. A couple of other reddit alternatives, on the other hand, …

  • MiddleKnight@discuss.tchncs.de
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    2 years ago

    No.

    Also Lemmy is not trustless at all, which is a very important part of crypto. In fact the reason that crypto can’t really do anything worthwhile is because it has to be completely trustless.