“Cryptocurrency is one of the worst inventions of the 21st century. […] It has failed to be a useful currency, invented a new class of internet abuse, further enriched the rich, wasted staggering amounts of electricity, hastened climate change, ruined hundreds of otherwise promising projects, provided a climate for hundreds of scams to flourish, created shortages and price hikes for consumer hardware, and injected perverse incentives into technology everywhere. Fuck cryptocurrency.”

    • Matt Marshall@lemmygrad.ml
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      4 years ago

      At a guess, I think that means that they’re used as commodities to be traded, rather than used as a means of exchange of goods/services (trading)

    • GotExx@lemmy.ml
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      4 years ago

      Fucking translator ^^ What I meant was that this currency is more for trading (selling items and services) rather than for investment and enrichment.