Thoughts on Cryptocurrency? (programming.dev)

submitted 8 months ago by actual_patience@programming.dev to c/privacy@lemmy.ml

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I was wondering what viewpoints and opinions this community has when it comes to cryptocurrency.

Personally, I'm not against it, but I'm not for it either. I like the concept of bringing back cash anonymity, and also decentralization (obviously). Although I don't think it will be viable for at least another decade.

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[-] politicalcustard@beehaw.org 14 points 8 months ago* (last edited 8 months ago)

I use Monero for private transactions and I am thankful for the existence of a private, untraceable currency (like most cash transactions IRL). I am concerned by the amount of energy expended on crypto-mining... it is a dreadful use of energy that could be used for far more productive purposes.

this post was submitted on 19 Mar 2024

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