this post was submitted on 04 Aug 2024
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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.
You can
^(but I admit that 95% of the time there is a payment middleman needed to convert crypto to fiat, just like Visa is a middleman)
So what you are literally stating is you cannot use cryptocurrency to pay you need to convert into some other actually accepted currency...
Also, have you ever been somewhere that is card only?
https://swissmoney.com/who-accepts-bitcoin-as-payment
There are ways. Visa has crypto-linked cards for example.
https://cointelegraph.com/news/visa-crypto-withdrawals-cards-145-countries
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.
Yet it still isn't a usable currency for normal people, and the usage of it is a (gross as well as net) negative to society is directly contributing to, to quote you, 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.
You're equating Bitcoin with the entire concept of cryptocurrency. I hate being "that guy" in this thread that seems like a shill for crypto, because I'm really not. I just don't blindly hate it, and I have a nuanced understanding of it. Wild, I know.
Ethereum reduced it's energy consumption by over 99% by switching to Proof-of-Stake.
People need to stop using those two words interchangeably. Bitcoin was the first, and in the realm of technological progress, when has the very first try of anything been the best?
Every piece of modern tech we use on a daily basis, ultimately, originated from some primitive form of that tech; Your smart phone didn't just appear. The airplane you flew in didn't arrive fully formed (Boeing might wish it did).
Computers used to take up entire rooms and could do basically nothing. People used to use horse-drawn carriages for transportation. etc.
Shit, even the concept of currency/trade itself has changed dramatically over the course of human history. Did you know that our money (USD) used to be backed, literally and physically, by blocks of shiny metal? And any person could literally take their dollar notes and trade them for shiny metal if they wanted? Pretty wacky!
Turns out someone realized that the metal was unnecessary. Lots of people like yourself around back then, and they lost their minds: "How could this piece of paper be worth anything if I can't literally trade it for a piece of shiny metal? Even if that metal has no real inherent value beyond what society has ascribed to it?"
How long ago was that? Almost 100 years... I think it turned out OK.
I don't know, just some things to think about I guess.
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
Please go look up the power usage of the two things and then come back and actually talk to me rather than just making stuff up because you like it.
An ATM uses a dribble of power compared to a server