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submitted 1 year ago by justdoit@lemm.ee to c/asklemmy@lemmy.world

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?

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Not a crypto hater so much as the idea of it goes.

It's a lot like the rest of the internet: anonymous things moving and interacting can be unpredictable. From what I've seen on the dark net, I'd assume we will see the same extremes manifesting in transactions; that is that it will be very helpful for crimes, but also very helpful for ppl who need weed medically but can't get it legally, ppl who need money because they are pursued politically, or ppl in other dire circumstances.

It's all very complex, and I think there is a legit good reason for it. That said, I'm not the person to judge what outweighs, I just know it's far more complex than "crypto bad" or "crypto yes". Let's just hope whoever will be in this position is far knowledgeable in that regard than me.

Sincerely, a small developer and 3d artist.

[-] gnarly@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

There's a lot of federated (and now defederate) servers that are run by political and/or economic pariahs likely ousted by content flags/bans concerning spam. Now that regular folks are moving in though, the dynamics are quickly changing to a more common ideology.

[-] HandwovenConsensus@lemm.ee 2 points 1 year ago

I'm a fan. Go ahead and downvote me.

[-] treadful@lemmy.zip 1 points 1 year ago

The hivemind of Lemmy has been the opposite so far in my experience. I'm probably what most here would call a "crypto bro," though I wouldn't call myself that.

It's weird to me that the occupy wallstreet folks are all like "banks do it better." It's also weird to me that it's gotten so polarizing. You don't have to be a libertarian to see its benefits, and you don't have to be a communist to want scammers locked up.

[-] Motavader@lemmy.world -1 points 1 year ago

I appreciate the philosophy, resilience, resistance to censorship, and individual control that both types of decentralization provide.

Crypto has many scams only because it is intended to be traded or used as currency. Bitcoin, Ethereum, and a few others have held their value over time because of the network effect: more people use it to transact, so it maintains it's worth as a means of transaction. All those shit coins and alt coins were absolute scams because there was no way to use them (you can use Bitcoin to actually buy products and services).

Decentralized platforms that promote beans are also cool, but their currency is lulz. There's not much value for that outside the platform.

[-] PolarBone@lemmy.world -2 points 1 year ago

I am. Did it full time for a living for about two years when I was sick. Had $300 dollars left to my name, and turned it into over $200k and paid off stuff for me and my girlfriend and then got a little house.

Not sure what comparison of crypto and Lemmy is, but guess thats my answer. I understand peoples view on support and not supporting crypto.

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this post was submitted on 06 Jul 2023
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