Comment on Why do some independent creators/small projects still have crypto donation links?
Lumidaub@feddit.de 11 months ago
I have absolutely no interest in owning cryptocurrency but if anybody wanted to donate some ETH or BTC or USDC or XKCD or MPH or whatever to me, I’d take it, sure (and then exchange for real world money, obviously). Why would you reject free money? Especially if you’re a smaller project that doesn’t get too many donations anyway.
ElectroVagrant@lemmy.world 11 months ago
Because it’s as likely to be worthless as worth anything at all? One of the many problems with cryptocurrency is its volatile valuation…Which is a knock-on result of its failure to function as a currency at all for the most part. It’s a lot less like free money and more like free arcade tokens to an arcade that’s as likely to be shut down for health & safety as it is to have any functioning machines at all.
Lumidaub@feddit.de 11 months ago
Yeah, I should probably qualify and say “one of the bigger, more stable currencies”. From what I know about this stuff, which isn’t very much admittedly, those seem worthwhile if you don’t plan to keep them anyway. I don’t care about volatility if I’m not hodling, do I?