What's your opinion about the future of cryptocurrencies? (lemmy.world)

submitted 8 months ago* (last edited 8 months ago) by Asudox@lemmy.world to c/asklemmy@lemmy.world

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[-] Ragdoll_X@lemmy.world 7 points 8 months ago* (last edited 8 months ago)

I expect that Elon or some other famous person is going to use Dogecoin again to scam their fans and make a quick buck in the near future.

I like that Ethereum's system changed to use far less energy and thus emit less carbon.

I guess Monero can be useful if you want to buy drugs online or whatever, which I'm fine with.

I know that some people feel really strongly about crypto, either positively or negatively, but I'm mostly disinterested. It's not going to become a particularly useful currency any time soon and it's way too volatile, so if I ever decide to invest in something I'll pick normal stocks instead.

[-] Asudox@lemmy.world 3 points 8 months ago* (last edited 8 months ago)

It's sad to see XMR being perceived as a currency to buy drugs online.

[-] Evotech@lemmy.world 0 points 8 months ago

Because it is

[-] Asudox@lemmy.world 0 points 8 months ago* (last edited 8 months ago)

Partly, but there are people like me out there that don't use XMR to do illegal things. It's like saying only criminals benefit from privacy.

[-] TheGalacticVoid@lemm.ee 2 points 8 months ago

Ethereum's new solution makes it more centralized, which makes it less adherent to crypto's general principles.

[-] banghida@lemm.ee 2 points 8 months ago

Ethereum has always been centralized and has never adhered to general principles of crypto. It's premined, ico,..

this post was submitted on 21 Feb 2024

52 points (88.2% liked)

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