Re:Mozilla Foundation pausing cryptocurrency donations
by RedBeetDeadpool on Thursday January 06, 2022 @08:58PM
(#29833764)
For what its worth, this is a difficult concept for most people to understand. I've held crypto since the early days, went to ethereum believing in POS, then crypto "3.0", and only now have I returned realizing what it all meant. Granted most people barely understand how the economy today works, many times out of denial.
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Re:Mozilla Foundation pausing cryptocurrency donations
by Quindecillion on Thursday January 06, 2022 @11:08PM
(#29834710)
Same. I've only recently (mid-2021) deeply understood the implications of Bitcoin, despite hearing about it in 2009, buying some in 2013, and losing some in the MtGox hack. Clearly I'm a slow learner.
I think people are vastly underestimating the impact of Bitcoin embedding itself within the energy sector, and providing an accessible and permissionless escape hatch to millions (billions?) of people whose currencies are hyper-inflating.