News for hackers. Stuff that matters.
Re:Mozilla Foundation pausing cryptocurrency donations by nikanj on Thursday January 06, 2022 @03:40PM (#29829771)
Not sure how to put this in a non-blunt way, but the hardcore crypto bros are not from your country either.
Re:Mozilla Foundation pausing cryptocurrency donations by lezojeda on Thursday January 06, 2022 @03:42PM (#29829794)
And? I don't have to agree with the """ hardcore crypto bros """ either. Both extremes can be harmful.
Re:Mozilla Foundation pausing cryptocurrency donations by shagie on Thursday January 06, 2022 @05:06PM (#29831012)
In using crypto, you are exporting the wealth of your country to those miners in other countries through transaction fees. The more you use it, the more of your country's wealth is exported (which in turn means that the country's currency is worth less and accelerates the inflation that is experienced).
Re:Mozilla Foundation pausing cryptocurrency donations by FabHK on Thursday January 06, 2022 @06:14PM (#29831983)
And it is about $100 per BTC transaction that the miners extract (most of it in form of the coinbase mining reward, some of it in the form of fees).