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Yes, I know that it still exist, and yes, decentralized currency which utilizes distributed, cryptographic validation is not actually a strictly bad idea, but...

Is the speculative investment scam, which crypto substantially represented, finally dead? Can we go back to buying gold bars and Pokemon cards?

I feel like it is, but I'm having a hard time putting my finger on why it lost its sheen. Maybe crypto scammers moved on to selling LLM "prompts?" Maybe the rug just got pulled enough times that everyone lost trust.

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[-] TheTrueLinuxDev@beehaw.org 16 points 1 year ago* (last edited 1 year ago)

Oh boy, wait until you find out about CBDC (Government's version of cryptocurrency with dystopian spin on it such as deleting your money if they don't like you.)

[-] borkcorkedforks@kbin.social 7 points 1 year ago

They wouldn't delete your money just because they don't like you.

They'd "arrest" your money for some crime that may or may not be legit. Paperwork and people getting their cut would be involved.

[-] TheTrueLinuxDev@beehaw.org 3 points 1 year ago

Well they can delete your money for not liking you, just look at how Republicans have been treating the LGBT community lately. if they have the chance to, they would absolutely love to delete all money owned by LGBT people.

[-] lolpostslol@kbin.social 2 points 1 year ago

If you think about what side is more tech-savvy, more likely the gays find a way to delete anti-gay money first lol. Even if they are less likely to use it

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this post was submitted on 19 Jun 2023
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