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[-] stoy@lemmy.zip 11 points 4 months ago

Cryptocurrency is not big, it is a scam.

[-] captain_aggravated@sh.itjust.works 41 points 4 months ago

scams can be big.

[-] josefo@leminal.space 20 points 4 months ago

Also cryptography and cryptocurrency are not the same my dude

[-] kautau@lemmy.world 6 points 4 months ago

That’s not even the first guy who named both cryptocurrency and cryptography in the same comment, my guy

[-] stoy@lemmy.zip 2 points 4 months ago

I think you misread my comment, I didn't mention cryptography, I only mentioned cryptocurrency.

[-] hypna@lemmy.world 10 points 4 months ago

Scam or not, the current market cap for crypto currencies is $US 2.67T https://coinmarketcap.com/

[-] FaceDeer@fedia.io 6 points 4 months ago

And it's been around for 17 years now so if it's a Ponzi scheme it's one of the most amazingly long-running ones ever.

People are free to dislike cryptocurrency and to not use it, but they should at least recognize that there are people who do use it and who do like it.

[-] stoy@lemmy.zip 0 points 4 months ago

Thank you for stating the obvious, please qoute me where I mention that people can't use or like it.

[-] jagged_circle@feddit.nl 3 points 4 months ago

Then how do you donate to an international movement that got blacklisted by paypal, swift, etc?

Cryptocurrency has value.

[-] llama@lemmy.zip 2 points 4 months ago

If they're blacklisted then how will they sell the cryptocurrency for fiat and be able to use the fiat in any meaningful way?

[-] jagged_circle@feddit.nl 1 points 4 months ago

Because its a p2p currency. You can't blacklist a p2p currency. There's is no middleman.

Thats why its valuable.

[-] llama@lemmy.zip 1 points 4 months ago

That's true but operationally they can't pay for all their expenses in cryptocurrency so they will need to sell it for fiat first.

[-] jagged_circle@feddit.nl 1 points 4 months ago* (last edited 4 months ago)

Sure, but you can sell it p2p and get cash. You dont need to go through a company like tradfi.

Or you can buy prepaid cards and use those to pay for expenses.

All those problems have been solved. Its a great way for dissidents to raise funds internationally

this post was submitted on 30 Mar 2025
147 points (100.0% liked)

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