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Crypto is a scam because after Bitcoin got popular so many people just started “making” it. As of today there are over 16,500 active crypto currencies. That’s fucking dumb idc who you are. The very original idea was to just have a global currency that didn’t have an exchange rate. That makes more sense then whatever the hell it’s turned into now. Crypto is like Pokemon cards.

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null@piefed.nullspace.lol ⁨1⁩ ⁨month⁩ ago

The very original idea was to just have a global currency that didn’t have an exchange rate.

Lol that’s not even close to true.

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- T00l_shed@lemmy.world ⁨1⁩ ⁨month⁩ ago
  It was for drugs right?
  
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  - redsand@infosec.pub ⁨1⁩ ⁨month⁩ ago
    Money laundering too. Google “liberty reserve” or check out Epstein files.
    
    Ultimately one of the Proof of Stake, momentum or ring sig coins would probably be better choices than Chinese Yuan as the next global currency to trade energy in even with this as true otherwise we go back to metal.
    
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