Yarn

Recent twts in reply to #7nvmceq

@brasshopper@twtxt.net Aside from the ridiculous hype of it all, the insane losses and harm to the economy, and the massive environmental disaster that is most crypto* – My biggest gripe with it all, is simple this:

I don’t want the world to see my fucking transactions!!!

🤣 🤦‍♂️ 🙄 Right now my transactions are seen by my Bank, my Wife and myself. I also use a financial tool to track expenses and make decisions, etc. The simple mere fact that cryptocurrencies are based around the idea of a distributed network topology and a data structure designed to be in the open with algorithms that make it hard to tamper with, is well insane 😅 Good for things that should be in the open and transparent, not good for things that should not be, like privacy 😅

⤋ Read More

-1 for the negative on environment all that electricity uses. Still waiting on proof of stake.

It is also too overrun with Tech Bros scamming people to get rich quick.

It was a fun ride back when I first bought in. But I have since cached out for my lambos and such.

⤋ Read More

@abucci@anthony.buc.ci @prologic@twtxt.net I want to emphasize that I asked that question in good faith. I genuinely want to know what ya’ll believe to be true. I don’t know everything and maybe you know something that I don’t. (In fact, I’d love to know why @prologic@twtxt.net thinks there’s been “harm to the economy”, but we can save that for later.) I wanted to hear you first before I started spouting off about why I think Bitcoin (excluding other crypto currencies) is a net good for society. But since ya’ll asked, I’ll list them in a fork of this twt. (Not gonna try to prove them off the bat. I’m just gonna list things I believe and we can discuss in forks for each one. In addition, I’m leaving room for the fact that writing these things out might lead me to realize that I’m wrong. I’m happy to admit that I’m wrong. I hope you can go in with the same attitude.)

⤋ Read More

I like the technology behind it but I won’t buy because I don’t understand the point of it, I think I don’t like speculation on its principle. For the rest everybody does what they want if they are happy I will be happy.

⤋ Read More

Participate

Login to join in on this yarn.