this post was submitted on 20 Aug 2023
1670 points (97.1% liked)
Memes
51475 readers
799 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 6 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
it's insulting to consider cryptocurrency or blockchain as any kind of next generation thing
Well, Monero probably isn’t going anywhere but that’s probably more likely due to the fact you can use it to buy drugs than it being safe from financial crashes or any of the other reasons people have mentioned.
Until it comes tax season and you're not rich to hide it
So tax fraud?
... keep being insulted by reality, then?
To me it feels like how 3D tvs were. Cool tech but not enough people hopping on board to make it mainstream so it stagnates and fizzles out. I could be wrong of course
Oh, yes. Good luck preserving the value you spent your life creating in your cash/fiat money while the printer goes brrrr. When bank bail-in happens to bail out the rich, I'll be laughing my *** off. I bet you don't even know what bail-in means. It basically means the banks will take your money to bail themselves out, like Cyprus in 2010s. It's the plan if a crisis happens. Read about it.
Also, I hope you enjoy the social credit system after Central Bank Digital Currency becomes a normal thing, and then be cut off the financial system for being a "bad boy" with a press of a button. Today Nigel Farage is the bad boy, tomorrow it's you (but you're good boy, aren't you?).
Your corrupt politicians can't pry my cryptocurrency out of me even if they wanted to. They won't even know how much I have. I can, on spot, drop everything and leave to a new country when things get bad (they never do, now do they? I gotta stop with the conspiracies... things are perfect)
Chickens will come home to roost. I guess we all pay for our decisions after all. That's what life is about. That's why I care not when people lose their life savings because they trust governments. They chose that.
All they need is a $5 wrench lol
Especially funny since to be usable you need to exchange it or buy it you need standard currency (unless you mine it), meaning you are back to square one
You mean a $5000 wrench. The government can't appropriate a wrench for just $5.
I ain't reading allat
Monero is an ok cyrptocurrency because its not designed to make you money. Its designed to launder money and buy illegal things. Its useful if youre trans and live in Florida where hormones will be illegal.
Anyone who thinks crypto will replace money is high. The problem with capitalism isnt money. You cant fix it by inventing different money.
Of course you won't... why would you? Enjoy being a poor slave. That's what you guys do. Never read.
sorry what are you saying? I can only see googoogaga repeated a bunch
I feel like maybe you could have been more hostile. Why dont you try again, and really let it out this time!
Crypto bros love to bring up CBDC, like we don't have a centralized banking system with credit cards already lol. I wonder if you're libertarian!