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It is, indeed, a subjective thing. I personally have given up on cryptocurrency, but I seem to recall (and the absolute worthless rag called Reuters seems to c
by tmtvl 4y ago
It is, indeed, a subjective thing. I personally have given up on cryptocurrency, but I seem to recall (and the absolute worthless rag called Reuters seems to corroborate: https://www.reuters.com/technology/venezuelas-economy-regresses-crypto-fills-gaps-2021-06-22/ https://www.reuters.com/technology/venezuelas-economy-regres...) that Venezuelans found a recourse in crypto after the Venezuelan economy imploded. However that is just one data point, and the utter lack of any real wins aside from that would seem to agree with your statement that there are few legitimate use-cases.
- ohgodplsno 4y agoNo, Venezuelians were forced into cryptocurrency by a completely incompetent leader that thought that making your country based solely around gas was a sensible idea, and despite buying millions upon millions in various cryptocurrencies, has lost over 50% of their investment. The bolivar is still hyperinflated, the Petro is still useless.
- kragen 4y agoI think you're conflating Venezuela with El Salvador?
- bombcar 4y agoTo take an extreme example, it’s probably true that CSAM has some value (there’s people willing to pay for it) and you could in theory traffic in it for “good reasons” but for most it would be repulsive. Would they choose to die rather than do it? Hopefully nobody would be put to the test. That something found a good use doesn’t mean it’s a good (or bad) thing. Society is all about trying to navigate the trade offs.
- sealeck 4y ago> it’s probably true that CSAM has some value I think you're conflating financial value and social value (CSAM may have some financial value, but highly negative social value). I really struggle to see how you could (even theoretically) traffic CSAM for "good reasons".