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wholookshere

wholookshere@lemmy.blahaj.zone
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Can you see how “there’s not a better solution” isn’t addressing the problem that crypto is fundamentally a scam?

Also, you can’t pay your rent with crypto either….

EDIT: if you want crypto to pass my sniff test, you have to explain where value comes from.

Fiat currency is valuable because I can pay my taxes with it. (This is really the only reason it has value).

So what underpins crypto value beyond “it’s the future”

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All (capitalistic) money is a scam.

We’re just forced to use a currency because governments say so.

So yes, your crypto is still a scam. Because money still vanishes into thin air when line goes down.

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as we might otherwise end up paying dearly for our failures down the line.

Given how we’ve tackled climate change, holding your breath may be the better option soon.

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No…

You can’t buy a card without also buying all the individual composts though.

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