this post was submitted on 18 Nov 2024
276 points (94.2% liked)
solarpunk memes
2846 readers
718 users here now
For when you need a laugh!
The definition of a "meme" here is intentionally pretty loose. Images, screenshots, and the like are welcome!
But, keep it lighthearted and/or within our server's ideals.
Posts and comments that are hateful, trolling, inciting, and/or overly negative will be removed at the moderators' discretion.
Please follow all slrpnk.net rules and community guidelines
Have fun!
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Well, the crypto bros only seem to come up with scammy uses for crypto, whereas cash can be exchanged for goods and services.
Doesn't mean there are no uses for crypto. Protesters and activists use it to fund their campaigns, for example. Or sanctions often have collateral damage that can be circumvented using crypto; for example, cutting Russia off the traditional financial system means, among other things, inability to financially support Ukrainians or the army, and on top of that, inside the country you'll be jailed if the police knows.
I personally use crypto from within Russia to rent a VPN server, and to support projects that do accept it.
Now, the other point is that proof-of-work consensus mechanism behind many of the crypto projects relies on ever-heavier computing, and while it remains unrivaled in terms of decentralization, it is not eco-friendly, which is very bad. Luckily, proof-of-stake cryptos exist, and their footprint is minimal.
there is a very small subset of cryptos that can be exchanged for real world goods and services too.
let me introduce you to my new invention: SuperDuperCoin!
I'm joking. but the first part is true.
That's not true, crypto is also useful for illicit purchases.
Awww... I want a peanut....
EXPLAIN HOW!