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this post was submitted on 20 Aug 2023
705 points (96.8% liked)
Asklemmy
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Massive exchanges - you're free not to use one, there are so many ways to get around using the biggest
Massive speculation - the established cryptos (btc, eth) are alright in that regard nowadays, still far from stocks of course, but it's gonna get better over time
Money laundering - there have been countless reports that cash is used for the absolute majority of money laundering, not crypto
Ponzi schemes - they exist everywhere, and it's not that hard to not fall for one, just stick to btc and eth
GPU shortages - growing pains, has largely been fixed, shouldn't happen again
You're just picking out the worst points you can, I suggest you look at things more objectively, life's better that way