this post was submitted on 04 Aug 2023
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That ship has sailed unfortunately since everyone was conditioned to hate all cryptocurrency during the dogecoin and nft crazes. Though whenever anyone mentions crypto to me I am not afraid to mention monero as a serious option that I use even if no one knows about it or thinks its a shitcoin.
Eh, i dont think the ship has sailed. The people who stay in crypto during "crypto winters" are generally the real ones who actually want to see a world where governmyth monopoly money fails.
But there in lies the problem, money is solely the domain of government, and anyone who thinks it isn't is extremely ignorant and naive of how money actually works. The crypto bros have been lying to you, and while the cypher punks meant well, they are woefully ignorant about things like history and jurisprudence.
There is a path forward with crypto currency, but it isn't through private endeavor. Otherwise we would be trading in wampum shells.
Governments have not always been in control of money. Gold and silver are hard assets that have retained value for thousands of years. Only recently have we been subject to governmyth monopoly money that can be inflated to oblivion by a few secret people in a room who are responsible to nobody but themselves.
Absolutely "governments" have always been in control. How do you think they get the gold out of the ground? An elite hires people to do that work. The elites are the government in these ancient times, and they always controlled the mines. That is literally the very first thing they go for, and we have plenty of evidence for this. The precise locations of these mines was not unknown to these peoples by any stretch of the imagination.
Further, these gold mines were not simple operations, they required skill and aptitude to extract and form the metal into it's required physical form, indeed just the process of what the physical form should be is itself a complicated political process. It's also a myth that this is something recent, we simply don't have the archaeological or written evidence to know what they did, but that doesn't mean that local elites weren't controlling the monetary supply through various rhetorical, political and/or physically coercive means just as their distant Sumerian progeny would end up doing. We have evidence of direct economic control going back almost to the very beginning of civilization.
People don't hate crypto because of NFTs, they hate crypto because it's all smoke and mirrors. Crypto isn't money, it's a speculation market with an excellent ad campaign. You can't buy things with crypto.
Want to spend money without the government tracking your every purchase? Just use cash.
This so much. I hate all the speculation and grift around it. If some crypto stay stable enough to use as a currency I’d be up to try it. I’ll look into monero, I’ve never heard of it.