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this post was submitted on 07 May 2024
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Privacy
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Was a fan of Bitcoin, until found out about this.
Also the fact Bitcoin is essentially a pyramid scheme. Get more people into it to artificially inflate its value, take the profits, leave everyone else with diminished value, build it up again, get rich, repeat forever.
Crypto should be illegal.
Crypto IS usable as an alternative to regular card payments though. If it gets illegal - what do we have left for online payment? Bank system, which is very hard and illegal to use anonymously, and is subject to sanctions/seizures/whatever. There is cash by mail, which is not always feasible. GNU Taler looks interesting, but seems like it not implemented much yet.
Sounds like you want to buy drugs. There's not a lot you buy online that you do so anonymously. Sure, there's a few things, but for the most part it's for goods and services that require your information in the first place. So what's the point?
The best idea is just money cards that you can buy at brick and mortar stores for things. Advocating for a literal pyramid scheme isn't worth it.
I personally use it for my domain name and a VPS. Not exactly illegal or requiring personal information.
As for cards that "you can buy in brick and mortar stores" - a) they will be affected by the same sanctions as normal cards, b) not even a thing in a lot of places (like, the only ones I have seen here are only sold at certain banks and only payable with a bank card). But yea, might indeed work well in certain cases!