this post was submitted on 11 Mar 2025
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[–] TheEighthDoctor@lemmy.zip 4 points 22 hours ago (2 children)

Crypto is based on the faith that there's other dumbasses out there that will agree with you

And that's the most beautiful thing about crypto that got lost in all the speculation, shitcoin, scams, and nft bullshit. A currency of the people for the people, but of course, when the pigs came into power they were the same as the old farmers.

[–] zalgotext@sh.itjust.works -1 points 21 hours ago (1 children)

Eh, it's also the thing that makes it so vulnerable to speculation, shitcoin, scams, and nft bullshit

[–] TheEighthDoctor@lemmy.zip 0 points 18 hours ago

Not really, I think the vulnerability is the lack of knowledge of the public.

Binary Options and Forex use fiat and they are the exact same brand of scam.

[–] Cethin@lemmy.zip -1 points 20 hours ago (1 children)

It was always a scam. When people were saying these things, that was part of the scam.

There are good uses for the blockchain, just not really with currency.

[–] technocrit@lemmy.dbzer0.com 1 points 20 hours ago* (last edited 20 hours ago)

Keep telling yourself that crypto is a scam with no value, etc... While you loyally and unquestionably use your green paper money covered in pictures of slave masters.