this post was submitted on 04 Dec 2023
1754 points (98.5% liked)
Microblog Memes
5736 readers
1806 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
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
It's secure and it's decentralized. No other currency offers both. If you don't mind trusting banks and governments to manage the money system its not a big deal. But when they fuck it up, it's the average person that suffers. Taking that power away from them is good for humanity in my opinion.
Now let's talk about how good for humanity its carbon footprint is.
https://www.nrdc.org/stories/crypto-has-climate-problem
Note, that's from February of 2022. The problem has only grown since then.
It isn't secure: web3isgoingreat.com
And decentralisation is not something you want from a currency. All money used to be decentralised. Now we are encountering the same issues with crypto as we have had in the past with real money.
It is basically reinventing the wheel while claiming wood is the better material for the spokes.