this post was submitted on 01 Jun 2025
743 points (97.9% liked)

Technology

70918 readers
6011 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 5 days ago (3 children)
[–] [email protected] 2 points 5 days ago

Decentralised currencies are fundamentally too expensive to operate, while providing dangerously little safety and a far worse user experience than fiat.

The scam part is the idea that any crypto coin is an asset with inherent value, when in fact the price is created entirely by new investment, in other words it's just a ponzi scheme

[–] [email protected] 1 points 5 days ago (1 children)

I think you may have misunderstood. I'm saying people call it a scam for a variety of reasons, so when someone says it isn't a scam, I'm asking which way of calling it a scam are they saying it's not a scam in relation to.

[–] [email protected] -1 points 5 days ago* (last edited 4 days ago) (1 children)

In the way that none of those other ways are fundamental to it's intended use by it's creator as an actual currency.

[–] [email protected] 0 points 5 days ago (1 children)

There are plenty of things that aren't created by scammers to be scams that people call scams.

[–] [email protected] -1 points 4 days ago (1 children)
[–] [email protected] 0 points 4 days ago

Which doesn't take away for them to be scams anyway.

[–] [email protected] -1 points 5 days ago (2 children)

They believe shitcoins = the whole crypto economy

The only thing they know are ERC20 tokens

[–] [email protected] 2 points 4 days ago (1 children)

No, I don't. But I do find it humourous you moderate a community called "how to sell drugs online fast" lol. And I genuinely don't mean that in some sort of "you're biased" way, truly.

[–] [email protected] 1 points 4 days ago* (last edited 4 days ago)

Haha yea funny

I like the show and I wanted to have a community for it on Lemmy rather than Reddit

Apart from that, crypto usage increased due to dark net markets so there’s a real link

It means you spied on me though 👀😂

[–] [email protected] 0 points 4 days ago (1 children)

https://web3isgoinggreat.com/

The entirety of blockchain is a scam. And especially Bitcoin.

[–] [email protected] 1 points 4 days ago

Not sure what your link is supposed to prove. I could make the exact same site but with problems related to the banking system, and trust me, it would be a lot worse.