Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
6) No US Politics.
Please don't post about current US Politics. If you need to do this, try !politicaldiscussion@lemmy.world or !askusa@discuss.online
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
view the rest of the comments
Believing all the cryptocurrency ecosystem is a scam is just a big indicator that you know nothing about it
The main thing is to have a trustless currency that is decentralized (can’t be easily censored), and that isn’t owned nor controlled by some centralized organization (ex: a country). Its uses are best seen in countries where the government goes bankrupt or fucked up the currency by printing a lot of it, or for currencies that no other country trust
It will be niche and useless to most people, but it’s a verifiable way to check money is not being tampered with. It’s also the best way to transact online anonymously or pseudonymously, and not relying on a company that’s trying to make as much money as possible
Due to the way some cryptos are, they became a speculative investment. The fact that they’re not well known increases this use. Some cryptocurrencies are designed to be inflationary. Some are straight up pump and dump scams, like a lot of things. There will be assholes everywhere