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.

  • halfway_neko@lemmy.dbzer0.com
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    4 months ago

    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)

  • onlinepersona@programming.dev
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    4 months ago

    Multiple governments want to have their own cryptocurrencies and bitcoin was recently accepted in ETFs (for investment) which is why its value it skyrocketing right now.

    Stablecoins might become actually viable methods of payment or cryptocurrencies created by governments. But stuff like bitcoin, ethereum, and all the ethereum tokens, will probably never become used by a large section of the population for payments. The value just fluctuates too much.

    What interests me most is the blockchain being used for voting. Wouldn’t surprise me if that happened.

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