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submitted 10 hours ago by beep@piefed.world to c/technology@lemmy.world
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[-] XLE@piefed.social 1 points 7 hours ago

Cryptocurrency has largely been adopted by the rich and powerful to keep speculating while avoiding regulations and taxes. Look no further than how Donald Trump and his family use it to enrich themselves.

Acting as if cryptocurrency is maligned because it's "unpopular" is like acting that Donald Trump is a victim because he's unpopular.

[-] FaceDeer@fedia.io 0 points 7 hours ago

And these "rich and powerful" are using Codeberg projects for that? Not, say, LGBTQ+ people living in sanctioned countries who use cryptocurrency to buy HRT?

Cryptocurrencies are generally open protocols, usable by anyone. Both the rich and powerful and the poor and powerless. Much like open source in general. I'm sure Donald Trump and family make use of other open source projects in their various endeavours, should those be banned too?

[-] XLE@piefed.social 2 points 7 hours ago* (last edited 7 hours ago)

Cryptocurrencies are generally open protocols, usable by anyone. Both the rich and powerful and the poor and powerless.

But its most popular uses are to defraud the poor and to allow the rich to speculate.

I agree with your earlier, more honest comment, that said that cryptocurrency is not inherently bad and Codeberg needs to clarify, but this new claim that it's going after the "unpopular" is plain wrong.

[-] FaceDeer@fedia.io 1 points 7 hours ago

What "new take?" I'm saying the same thing.

Ah well. You'll declare me a troll regardless of what I say, the goal determines the interpretation. This is pointless.

[-] XLE@piefed.social 1 points 6 hours ago

I explained it to you twice.

this post was submitted on 23 Jul 2026
141 points (98.0% liked)

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