It has the same use both in the first world and the third world
Correct. The use is speculation and scamming people out of their money. There is some secondary use to go around some sanctions, I’m sure the Russian oligarchs also appreciate that.
op says crypto can only be used by scammers and rich techbros so obviously providd evidence to the contrary to show that people do use it for empowerment people use the usd and all the major world currencies for horrible things too but no one with a brain would say they’re useless based on that
It’s just a techbro veil thrown over the same speculative assets that have been nothing but get rich quick schemes and contribute no real value or “freedom” for anybody.
It’s just a techbro veil thrown over the same speculative assets that have been nothing but get rich quick schemes and contribute no real value or “freedom” for anybody
Edge cases exist in everything, but when you google “crypto” do you get shitcoins and eventual pump and dumps or do you get information and a tool to liberate yourself somehow? You get the former. You can bring out any number of single cases where it’s benefited somebody in a way that lets them perform some task or create some value, but you know you’re being dishonest if you say that’s where the majority of money pumped into crypto goes or even where the majority of it’s usecases comes from.
who cares what other people use it for what matters is that it’s valuable to me so that I can send money to whomever I want to and preserve my purchasing power
Correct. The use is speculation and scamming people out of their money. There is some secondary use to go around some sanctions, I’m sure the Russian oligarchs also appreciate that.
are you illiterate does it like look any of the persons in the articles I linked are speculating to you/scamming others
What is it with you and ad hominems?
No, you successfully cherry-picked a few that don’t. That’s why I said “there is some secondary use to go around some sanctions.”
op says crypto can only be used by scammers and rich techbros so obviously providd evidence to the contrary to show that people do use it for empowerment people use the usd and all the major world currencies for horrible things too but no one with a brain would say they’re useless based on that
Where exactly does op say that?
Here, have a link how banking system can be used for empowerment. Does this alleviate your issues with the banking system? 🤣
It’s just a techbro veil thrown over the same speculative assets that have been nothing but get rich quick schemes and contribute no real value or “freedom” for anybody.
That’s what @GayLegend@lemmy.ml said, not the op (@sexy_peach@feddit.de). Is the rest of your evidence just as accurate?
obviously I meant the op of the reply
Well in that case, it seems that the op of this reply thread was you. 🤷♀️
Edge cases exist in everything, but when you google “crypto” do you get shitcoins and eventual pump and dumps or do you get information and a tool to liberate yourself somehow? You get the former. You can bring out any number of single cases where it’s benefited somebody in a way that lets them perform some task or create some value, but you know you’re being dishonest if you say that’s where the majority of money pumped into crypto goes or even where the majority of it’s usecases comes from.
who cares what other people use it for what matters is that it’s valuable to me so that I can send money to whomever I want to and preserve my purchasing power
How’s that “purchasing power” being preserved on the roller-coaster that cryptocurrencies are.