this post was submitted on 04 Aug 2024
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35 crypto companies got together to make a change dot org petition called "Bitcoin Deserves an Emoji".

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[–] [email protected] 10 points 4 months ago (1 children)

Exactly. Most cryptocurrencies are scams, but a handful are fantastic. Ethereum is cool for being proof-of-stake (so no high-energy mining), and Monero is cool for being super privacy-oriented. There are a handful more, but honestly, if you stick with Bitcoin, Ethereum, and Monero, you'll be fine.

[–] [email protected] 3 points 4 months ago (1 children)

That's pretty much exactly my thought. I hold a very very small amount in Polygon, but only in order to pay the gas fees for the Polygon network. So I never have more than a few US dollars worth in it at a time.

[–] [email protected] 2 points 4 months ago

Yeah, I basically just do Monero, and I use it as a spend account and use it anywhere it's accepted. I don't invest in any cryptocurrencies because I don't think cryptocurrencies have positive expected return (it's all hype), so I keep the amount of crypto I have small.