this post was submitted on 04 Aug 2024
3 points (100.0% liked)
Technology
59555 readers
3225 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Is the government spreading anti-cryptocurrency propaganda or did lemmy got invaded by idiots recently?
This is what the overwhelming majority of people believe. No offense, but were you spending a lot of time on r/Bitcoin?
The majority of people believes what the government makes them believe, so it make sense.
No, people just don't like crypto because it's a huge waste of energy that has no use for the average person at the moment and is only used by rich people to get richer without much regulation. Don't get me wrong, it might definitely be useful when used correctly in the future. Not wasting as much energy by ditching proof of work, becoming actually useful for normal transactions, etc. But right now it's just an overhyped technology for obnoxious cryptobros.
This is actually part of government propaganda to discredit cryptocurrencies.
Lemmy servers consume energy too and half of the content is memes, i don't see anyone complaining about it.
You can't begin to imagine just how much energy cryptocurrencies use. A web server can never come close.
I'm sure meta or google energy usage is up there but i've yet to see someone complaining about mr.beast or cristiano ronaldo wasting energy with their videos.
Maybe because people value entertainment more than invisible money that won't help them anyway.
or more like because the government doesn't have problems with people keeping themself busy on entertainment vs them using a decentralized and open currency that can bypass financial institutions
I'm pretty sure the government isn't forcing people to watch YouTube and neither of the people you mentioned are government employees, unless you're concocting some elaborate Alex Jones-level conspiracy theory.
You seem to have same comprehension problems or to be in bad faith. Read carefully what i wrote, it's nothing of what you said.
Trying to label everything as a conspiracy theory is something the government and propaganda have been doing excessively over the past years. You may not like it to hear it but every time cristiano ronaldo appears in state media and gets paid for it they are indeed working for the government. When the government put restrictions on youtube competitors such tiktok or when they use it to broadcast official events, they are indeed forcing you to use youtube.
That's not the point of the discussion anyway: cryptocurrencies aren't controlled by the government and hard to control by design, there lies the government interest to boycott them.
Maybe if it was controlled, it wouldn't constantly fluctuate in value and would actually be worth buying things with without hoping for a day when it's worth more and you're richer.
Countries currency fluctuate in times to.
I can go to the supermarket next week and milk will cost about the same in dollars as it did this week because the value does not change that rapidly.
Not true with Bitcoin.
If you live in america and you are lucky the price of thing stopped increasing perhaps it will cost the same. If you live in any other part of the world that use a different currency the price may be different
I do live in America and why you think milk costs significantly more from one week to the next I don't know. Even if the price rises, we're talking pennies per week. Far less than Bitcoin fluctuates.
I have no idea why you're even trying to argue that the dollar fluctuates as much in value as Bitcoin because that's just demonstrably false. This is the current fluctuation of Bitcoin value. If the value of a dollar changed by one percent in a day, that would be huge. Seven percent? That would be a disaster.
JPY to USD +6.70% (1W)
Nah, idiots bring shitty crypto propaganda and pretend it isn't just an unregulated security pretending to be an alternative currency (that isn't usable as a currency for regular people) while using more energy than entire nations, all for a giggle with a shit coin.
Are you sure you are not confusing propaganda with ads?
Cryptocurrencies are quite easy to use, the process to create a cryptocurrency wallet is much easier than the procedure required to create a bank account or a credit card and these days cryptos are widely accepted even as a currency.
Are you sure you are not confusing propaganda with what crypto is actually used for?
I don't care how easy it is to set up a wallet. I cannot take my crypto and go down to the bodega and buy a sandwich. I can't pay my rent with crypto. I can't pay my utilities with crypto.
Crypto is not a usable currency for the vast majority of people.
Before the government enforced credit cards and made them mandatory it would have been really hard to buy a sandwich in bodega with a credit card too. Not sure where you live but these days in most places if you want you can literally pay with all sort of service, they have these big cash registers with the screen that accepts all soft of payment youtubers advertise for.
There aren't any limits that prevents the majority of people from creating a crypto wallet and using cryptocurrencies
This is why people laugh at you cryptobros. I literally tell you why it's not a usable currency and you tell me it totes is.
Go back to speeding up climate change with your fake currency and stop trying to pretend normal people are using it to for anything other than unregulated securities trading.
cryptocurrencies provides an open alternative to a centralized and rotten financial system that is at the core of consumerism and the speedrun of mankind into oblivion.
You practically use the energy output of a nuclear reactor to process transactions. So I think you're the ones pushing the expediation of the human races extinction. What's worse is your been obnoxious while doing it.
Every time you pay with your credit card or use an ATM the same thing happen, with the difference that you are not using a decentralized and open source service.
Incorrect. I don't use the output of a small town. You use power but nowhere near what cryptocurrencies require.
I think you are literally using that since ATM are open 24h