• Dubious_Fart@lemmy.ml
    link
    fedilink
    English
    arrow-up
    21
    arrow-down
    8
    ·
    1 year ago

    Yep.

    Crypto is nothing but a scam that the lowest common denominators are constantly fooled into thinking its their get rich quick method, only to be shocked when they lose all their money.

    Anyone involved in crypto is a scam.

    anyone pushing crypto is either a scammer or a brainless moron.

    Any company or group sneakily putting crypto in their shit deserves to be burned to the ground, metaphorically speaking, and the ashes pissed in .

    • aldalire@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      5
      ·
      1 year ago

      I agree, but it’s a shame that crypto has garnered this reputation as a get rich quick scheme. It reaally had the potential to upend digital currency and end our reliance on banks.

      Currency only has value when people think it has value. And at this point, the current state of bitcoin, the largest crypto, isn’t very great.

      Monero is a good contender for digital currency, as it has privacy set on default and it follows the spirit of the bitcoin whitepaper than bitcoin ever did, imo. Its value is stable, and more privacy companies are accepting it as a valid currency for their services (mullvad, for example)

      • Dubious_Fart@lemmy.ml
        link
        fedilink
        English
        arrow-up
        9
        arrow-down
        1
        ·
        edit-2
        1 year ago

        Crypto has garnered that reputation, because thats all it is. Since its inception. Its never been anything but… Anyone who thinks otherwise were just people who fell for the scam.

        Its nothing but a MLM for idiot techies who think they are smart, but would totally pick up a USB drive in the parking lot and plug it into a critical system to find out whats on it.

    • neosheo@beehaw.org
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      I don’t think monero is a scam. It’s barely listed on any exchanges cuz it’s been banned for it’s privacy tech and the team behind it is really dedicated to one thing: privacy, they even helped fixed tor network