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Then they will ask why nobody wants to use their payment cards (infosec.pub)

submitted 6 days ago by oplkill@lemmy.world to c/memes@lemmy.world

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[–] Kinperor@lemmy.ca 24 points 6 days ago (16 children)

Adding a few more points to fully kill crypto as a "freedom currency"

Generating crypto requires capital; people with computers and access to energy will instantly get the ability to outgenerate any other crypto participant
Energy-centric currency just empowers the same rich lobbies; oil and gaz lobbies are delighted to see that there's an uptick in energy demand
People with right material (read, capital) can track you, but low chance to track anyone doing crime at a national level (due to odds of them having a competent IT (baring the Hegseth drunkards out there))

[+] I_Has_A_Hat@lemmy.world -12 points 6 days ago (6 children)

You've done it! You've fully killed Bitcoin! Now it will certainly become irrelevant! In 5 years, the top answer for "what would you do if you had a time machine and went back 5 years?" definitely won't still be "Buy more Bitcoin."

[–] Nalivai@lemmy.world 5 points 5 days ago* (last edited 5 days ago) (1 children)

Of course cryptocurrencies will exist in the future. Same as simpler pyramid schemes, corruption, human trafficking, and banging your finger on a corner of a table. It's not an indication of any positive quality of those things.

[–] VinesNFluff@pawb.social 4 points 5 days ago* (last edited 5 days ago)

It's Avon for Cis Dudes that make fun of Avon ladies

It's the Lottery for STEM Majors that make fun of grandpas that play the lottery.

I'd say 'it's religion for reddit atheists', but it's not. AI is religion for reddit atheists. "~~The rapture~~ AGI is right around the corner and when it comes around ~~God will save the righteous and punish the sinners~~ we will live in post-scarcity utopia. Just please ignore all the ~~priests committing horrid crimes on children~~ actual AI copmanies being owned by technocrats with fascist leanings who seem very horny for the idea of never having to pay a worker again. Until then we just need to ~~pray and proselytize very hard~~ keep investing on DA FUTER"

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