Waaay early on when cryptocurrencies were regarded as being possible alternative currencies it may have made sense, but now as they appear to have become more like extremely questionable investment products/securities, I’m left confused why anyone still has donation links for them alongside alternatives that provide, y’know, usable money (e.g. Ko-fi/Liberapay/etc.).

Are the donation links I’m seeing just a web artifact like the occasional Google+ share icon on some sites, or is there something more at play?

  • FireRetardant@lemmy.world
    112·
    1 year ago

    Cryptocurrency now is closer to being a real money alternative than ever before. Many banks are considering creating their own central bank digital currency to rival some of the benefits cryptocurrencies offer.

    Anyone who still has an address up keeps it because

    1. It costs nothing to own a crypto wallet/recieve funds
    2. Cryptocurrency has no borders so anyone can donate
    3. Crypto currently counts as an asset and often isnt taxed until cashed out into a fiat currency.