Just got very lightly flamed by another user for making fun of crypto and was told that Lemmy and crypto have “the exact same advantages and disadvantages”. Now I disagree heavily there, since even if it shares some principles I’d argue that the scale of the problems change when you’re talking about a global finance system versus a social media platform filled with beans. But it did get me curious- how many of you are crypto supporters?
i mean if you use stuff like monero to pay anonymously yeah sure go ahead but majority of crypto are just shitty scams.
or you could just pay with cash, the original anonymous payment method
Found to be the opposite here, but I guess it’ll depend on what communities you follow.
No? There’s definitely some overlap but they’re completely different concepts, just because I like Lemmy doesn’t mean I enjoy unstable coins that use up a ton of energy for no reason and can lose their value by the end of the day
Lmao, this guy lightly flaming the crypto Bois in the fediverse.
See, that was my response too! Federated servers will waste a bit of energy with duplicate fetch requests, sure, but it’s a far cry from the decades of compute time wasted with adversarial validation and cryptographic mathematics. And that doesn’t even deal with the shitty coins themselves.
Was very confused why they seemed to think the concepts were the same, and thought maybe I was the idiot.
I think the person you were talking to had not really given as much thought into the subject.
Thinking about it too much makes them feel uncomfortable and less optimistic, so they avoid it and try to just focus on the many things they will buy when the value of their crypto coins inexplicably goes really high (which it might if a lot of money needs laundering, though I wonder if previous rounds worked out as well as they were hoping or if they got fucked by exchanges disappearing with their money in the night and decided to just go back to 3 mattress stores on one corner in various cities.
The only concept that is the same I am aware of is that both are decentralized.
I honestly see* more overlap with the open-source community than with the crypto community
Nope. Crypto is clearly a scam
The technology has potential but right now it’s mainly being used either to buy illicit goods or separate fools from money.
Lemmy is free to use. If you give money to an instance owner, at least you know it’s a donation and that you’ll never get it back.
Crypto is and always has been a joke. It also doesn’t work that much like the fediverse, which is basically a webring where the sites like to copy each other. TBH I’m looking forward to the
webring hostLemmy instance drama and people beingkicked from the webringdefederated.Unlikely. The hype for crypto scams had fallen off hard in the last year. It peaked like two years ago.
No
I’m not a crypto supporter. I do find the tech a bit interesting. I guess, tech-wise, Lemmy would be more comparable federated crypto like Stellar or Ripple (dunno if these are still federated, or if more popular federated crypto exists; been a very long time since I kept up with it). Without some sort of “trust” decentralized systems are too expensive (resource-wise) to be worth it, IMO.
Off-topic, but I’m kinda surprised p2p networks haven’t really advanced since Gnutella. I believe they had the concepts of trust/reputation and self-organizing networks with “super-peers” way back then.
I use Monero to pay for online services such as VPN, hosting, domains, VPS, E2EE cloud hosting, solely because I don’t want to be on someone’s list of customers and I don’t want constant spam. Same reason I pay cash in stores and don’t have loyalty cards. Might be very slightly more pricey that way but the reward for me is no marketing teams to deal with.
I’ve generally been seeing the opposite sentiment on Lemmy and I’m here for it. Crypto bros can stay on the other site.
I filtered out every crypto and investing sub on Reddit other than r/bogleheads
I think cryptocurrency is a cool concept and can definitely have some legitimate uses. I just don’t think we’ve figured that part out yet. I’m firmly in the camp of “I do not support it but also am not against it”.
Nope. Closest thing I do to crypto is purchase satoshis to fund value for value in Podcasting 2.0, and that one time I bought doge in the dip that it never really rose from, but that’s it.
I’ve run into a couple of cryptobros on Lemmy, but not many.
