You are viewing a single thread.
View all comments View context
1 point

Last time i checked banks and “regulating” bodies are run by, you guessed it, groups of individuals.

permalink
report
parent
reply
1 point

Which are not, by far, most people. I am not sure why you’re bringing the subject of banks. Of course they’re shitty and mostly run by bastards. Okay.

But cryptomoney people are not banks, or groups of individuals. They’re individuals. And they’re in it because of the “get rich quick” scheme and push others to get into the pyramid’s lower levels, because that’s how they might get richer. So they’re either bastards or being conned, or probably both.

Proof of work is a power/hardware catastrophe, and proof of stake is entrusting power to the already rich again. Crypto is not a new economy model, it’s a bad subset of the old one with fancy fake ideals.

permalink
report
parent
reply
1 point

Most cryptocrrencies do seem scammy, i’ll give you that,

permalink
report
parent
reply

Technology

!technology@lemmy.world

Create post

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


Community stats

  • 17K

    Monthly active users

  • 12K

    Posts

  • 542K

    Comments