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itsmect@monero.town ⁨9⁩ ⁨months⁩ ago

The idea that money is tied to the state is silly. Many things have been used as money, way before the concept of a “state” existed. Undeniably the money that lasted best across the passage of time is gold. Up until very recently it was the standard to settle cross country currency exchanges with. The value does not come from the state, but from people willing to exchange it for goods and services. Todays fiat money is created at will by a few select people that are not democratically elected. They get to decide how much they debase your savings for the “greater good”, while the ones that profit the most are those who control the source.

Most people do not care about their open source, privacy and digital rights, so they only hear and care about crypto when the price jumps or when it is used for crime. Everything else is simply not newsworthy. So you end up with a bunch of “investors” looking to make a quick buck and people who believe to solve crime with more laws (requesting ransoms is already illegal, has existed before crypto and currently gift cards are scammers favorite form of payment).

I never mentioned the price nor suggested investing, because quite frankly, I don’t care. What I do care about is giving the few big companies that control the internet as little data and influence as possible, and not processing payments through them is a really important step. So I keep about as much crypto as I keep cash in my wallet, and use it preferably when buying or selling.

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