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treadful ,
@treadful@lemmy.zip avatar

Same barely thought out takes as usual.

TheRealKuni ,

Why Vivaldi will never create ThinkCoin

Because he’s been dead since 1741.

syd ,
@syd@lemy.lol avatar

I like Monero. Not a shitcoin, used by people and its private.

Other than Monero, I don’t think other cryptocurrencies are usable. Even BTC, ETH. Wallets should be private. Bitcoin doesn’t protect you from government.

electro1 ,
@electro1@infosec.pub avatar

deleted_by_author

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    SinningStromgald ,

    Savings that goes up and down and up and down worse than the stock market.

    Alimentar ,

    Exactly, it’s a speculative asset based on the greater fool theory

    oversea ,

    The same can be said about your goverment issued currency. People in venezuela holding fiat are instead the fools. You can argue that you are not in venezuela, but you do not get bitcoin when your countries become one but before. In many cases, you are even banned to exchange your goverment issued papers for bitcoin when that already happened. People live under different governments, bitcoin gives them the option to hedge against the risk they see.

    dantheclamman OP ,

    Any proof of work coin is a no go for me

    Fisch ,
    @Fisch@lemmy.ml avatar

    Monero’s POW algorithm is very different from most others tho because it brings in randomization, which makes it way more efficient to use a CPU instead of a GPU and distributes what miners mine, making powerful systems get less and slow systems get more.

    bob_lemon ,

    It’s still an entirely pointless waste of energy for digital drug money.

    Fisch ,
    @Fisch@lemmy.ml avatar

    Didn’t expect the “privacy is only for criminals” take here

    BloodSlut ,

    i like banano because its a memecoin where the proof of work is distributed computing for medical research

    dantheclamman OP ,

    That is interesting and seems much less wasteful! I have thought often of my time in the 2000s using my PS3 for Folding@Home. So many processor cycles being wasted on nonsense right now

    syd ,
    @syd@lemy.lol avatar

    Name me a private POS coin like Monero, I’ll use it.

    treadful ,
    @treadful@lemmy.zip avatar

    Transparency of a financial system is also a feature.

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