I was wondering what viewpoints and opinions this community has when it comes to cryptocurrency.
Personally, I’m not against it, but I’m not for it either. I like the concept of bringing back cash anonymity, and also decentralization (obviously). Although I don’t think it will be viable for at least another decade.
i think it’s really cool in theory, but only the anonymous ones. i don’t use crypto personally, but it’s important that something like it exists.
cryptobros and capitalism have ruined what little reputation the name had, and it’s obviously not going to replace “normal” money any time soon.
i feel like it’s kind of similar to the cashless systems that most banks use, but you’re trading lots of electricity for “not having the economy be owned by a couple of massive corporations”. obviously it has it’s flaws, but i see that as a worthwhile trade.
edit: oh yeah, i didn’t mention it, but this is another vote for monero (it’s private and it’s an esperanto word :P)
The initial idea and the aspect of “fuck the banks” intrigued me. Of course now the space is filled with scams and weird crypto dudes (srsly, why so many dudes?) and I have lost faith that the money schemes of the world will ever change.
A public forever storage of all transactions is not good but bad for privacy.
Send money to someone and they can see your wallet and all transactions.
Identifying wallet owners may require different levels of effort. But that’s kinda besides the point.
I dislike it being misused for gambling on it’s value, but see the importance of currencies like Monero.
