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Absolutely pro alternative currencies. There needs to be a “currency of the Internet” that isn’t controlled by a dozen people in a single country. It’s also jus
by keiferski 5y ago
Absolutely pro alternative currencies. There needs to be a “currency of the Internet” that isn’t controlled by a dozen people in a single country. It’s also just cool in a cyberpunk aesthetic sense, which is a perfectly valid reason for cryptocurrency’s existence.
Negative on the way crypto has become a financial instrument. Most of the issues you’re seeing come from the fact that coins are being used to make money, not from the inherent nature of digital currencies.
Ambivalent on Bitcoin in particular. All it really has going for it is first mover advantage. Other options like Cardano or Ethereum have far less issues. However, they still seem to be largely shaped by a small group of people, which largely defeats the purpose.
So, in sum: still waiting for the real killer cryptocurrency. It needs to be both stable and have good reasons to be adopted that aren’t, “I’ll make money from this as an investment.”