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A comment on I am often asked if I will “return to cryptocurrency”. Parent comment

Re:I am often asked if I will “return to cryptocurrency” by matheusmoreira on Thursday July 15, 2021 @10:03AM (#27844832)
XMR is essentially a credit card where it's impossible for anyone to exploit your personal information for any purpose. It's already better than everything out there. The fact it enables some crime is merely a side effect. We need more technology like this. Technology that makes it literally impossible to abuse its users in any way.
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Re:I am often asked if I will “return to cryptocurrency” by davidcbc on Thursday July 15, 2021 @12:53PM (#27846833)
It's not like a credit card at all. With my credit card if someone steals my card and runs up a bunch of debt I'm not on the hook for the charges.

With cryptocurrency I'm completely out of luck and my money is gone forever by design.

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Re:I am often asked if I will “return to cryptocurrency” by ludjer on Thursday July 15, 2021 @04:50PM (#27849963)
This is my biggest problem for crypto. For us power users we are fine but for the average joe and my parents I would never let them hold their own keys. You here every day people getting scammed and hacked now imagine if they could lose all their life savings because they where not 100% tech savvy.
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Re:I am often asked if I will “return to cryptocurrency” by phasnox on Sunday July 18, 2021 @10:34AM (#27873271)
That is why custodial services will never disappear.

Bitcoin is about having the option to choose between custodial and permissionless.

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Re:I am often asked if I will “return to cryptocurrency” by EliRivers on Thursday July 15, 2021 @02:13PM (#27848053)
My current cards will lend me thousands and thousands on zero notice, to spend pretty much anywhere.

XMR really doesn't feel like it offers that.

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Re:I am often asked if I will “return to cryptocurrency” by lrvick on Thursday July 15, 2021 @03:37PM (#27849118)
You can convert to bitcoin within minutes and withdraw as local Fiat at ATMs in any country, or spend it directly with thousands of online retailers.

You can do this without ever having to identify yourself to advertising firms or anyone else.

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Re:I am often asked if I will “return to cryptocurrency” by hellisothers on Monday July 19, 2021 @09:40AM (#27882537)
I think you’re describing a debit (ie bank) card, not credit card.
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