• Bappity@lemmy.world
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    1 year ago

    it’s insulting to consider cryptocurrency or blockchain as any kind of next generation thing

      • SomeAmateur@sh.itjust.works
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        1 year ago

        To me it feels like how 3D tvs were. Cool tech but not enough people hopping on board to make it mainstream so it stagnates and fizzles out. I could be wrong of course

    • Decompose@programming.dev
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      1 year ago

      Oh, yes. Good luck preserving the value you spent your life creating in your cash/fiat money while the printer goes brrrr. When bank bail-in happens to bail out the rich, I’ll be laughing my *** off. I bet you don’t even know what bail-in means. It basically means the banks will take your money to bail themselves out, like Cyprus in 2010s. It’s the plan if a crisis happens. Read about it.

      Also, I hope you enjoy the social credit system after Central Bank Digital Currency becomes a normal thing, and then be cut off the financial system for being a “bad boy” with a press of a button. Today Nigel Farage is the bad boy, tomorrow it’s you (but you’re good boy, aren’t you?).

      Your corrupt politicians can’t pry my cryptocurrency out of me even if they wanted to. They won’t even know how much I have. I can, on spot, drop everything and leave to a new country when things get bad (they never do, now do they? I gotta stop with the conspiracies… things are perfect)

      Chickens will come home to roost. I guess we all pay for our decisions after all. That’s what life is about. That’s why I care not when people lose their life savings because they trust governments. They chose that.

        • pleasemakesense@lemmy.world
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          1 year ago

          Especially funny since to be usable you need to exchange it or buy it you need standard currency (unless you mine it), meaning you are back to square one

        • TurtleTourParty
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          1 year ago

          You mean a $5000 wrench. The government can’t appropriate a wrench for just $5.

      • regalia@literature.cafe
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        1 year ago

        Crypto bros love to bring up CBDC, like we don’t have a centralized banking system with credit cards already lol. I wonder if you’re libertarian!