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wait this community has been shilling a meme coin this whole time I thought were were larping as leftists is that shtick over?

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[-] sharkfucker420@hexbear.net 34 points 1 year ago

I used it to buy drugs and never touched it again. High quality drugs though

[-] Nakoichi@hexbear.net 23 points 1 year ago

oh yeah it was sure good for that for a minute, but I meant it's only possible use cases are shit like that or grifting and only because of capitalism/war on drugs.

It's a novelty in search of a use case.

[-] space_comrade@hexbear.net 14 points 1 year ago* (last edited 1 year ago)

It's a novelty in search of a use case.

True, but I think blockchain technology in of itself has use cases. Bitcoin, Ethereum and co. can go ahead and die because they're useless but the underlying technology is essentially a distributed database with built-in transparency mechanisms, meaning it could be used to facilitate for example state bureaucracy. You'd also make looking up and validating info etc way easier. I don't think it's an absolute necessity for a well-functioning state but it could have its uses.

What most cryptobros are peddling unfortunately is not that but rather pyramid schemes.

this post was submitted on 23 Oct 2023
93 points (100.0% liked)

chapotraphouse

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