this post was submitted on 01 Aug 2025
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[–] ipitco@lemmybefree.net 0 points 1 month ago (1 children)

Why blame crypto instead of the specific parts of a different community? You can't generalize a group because of the actions of a few individuals

Cryptos impact is high but not as much as many other fields, and it's not for the love of profit, but as a necessity to protect a decentralized currency used by lots of people

Many cryptos don't even have any environmental cost

[–] ano_ba_to@sopuli.xyz 0 points 1 month ago (1 children)

Why use Mastercard as an excuse to move to crypto? You can't generalize the problems of the current monetary system because of the actions of a few. Crypto's impact is high? It is a non-essential. Many cryptos don't matter. And bitcoin, as the one people gravitate towards, is awful for the environment, for something that is a non-essential (and not even a practical currency).

[–] ipitco@lemmybefree.net 0 points 2 weeks ago* (last edited 2 weeks ago)

I have always criticized the current system

Payment processors are just part of it. Each time similar issues arise, I'm here

The current system's problems are not just the actions of a few. The few in question have an incredibly high market share. Crypto would fix these issues: no need for middlemen, more privacy and anonymity (for applicable cryptocurrencies), cheaper international transactions, decentralized to prevent censorship (as long as governments don't fuck it up too much)

Not to mention your original message was about criticizing Mastercard which is a single entity, and you’re comparing that to criticizing crypto which isn’t

What isn't essential to you could be essential to others. For many people, card payments are not essential. Emails aren't essential. Cars or public transport aren't essential. You're saying something is useless based on adoption. So it is just useless until it becomes essential at an arbitrary point? So it does not prove anything

Cryptocurrency is essential to protect your online financial privacy. If you don't care about it, that's on you.