I mean, I know I do it, but yea, not a lot of people do. Most see it as investing or gambling
Sadly we’re not really well represented, which leads to a lot of people calling all cryptos a “scam” which is just blatantly false.
Monero!
Comment on Opinion | Don’t Get Fooled Again by Crypto
Ilandar@aussie.zone 4 months ago
Is it actually viable for ordinary people to purchase small amounts of cryptocurrency for the sole purposes of making more private purchases online or taking advantage of cryptocurrency discounts? All the coverage on them is about large-scale investing which makes me feel like no one buying and selling actually has any interest in cryptocurrencies as an alternative currency. Instead it’s just about getting rich, which is a massive turn off.
azalty@jlai.lu 4 months ago
Hirom@beehaw.org 4 months ago
Bitcoin is not practical for small purshases, because transaction takes several minutes, and had a 50USD per-transaction fee.
On a more ethical level, it’s also quite bad because of the insane energy cost of bitcoin transactions.
oktux@beehaw.org 4 months ago
$50 per transaction fee is on the exceptionally high end.
The average fee for the last 24 hours was $0.81 per transaction according to mempool.space/mining
I agree with your other points.