Re:On the dangers of cryptocurrencies and the uselessness of...
by elliekelly on Friday June 24, 2022 @10:11AM
(#31862135)
Cash?
[ Parent
| on HN ]
Re:On the dangers of cryptocurrencies and the uselessness of...
by iskander on Friday June 24, 2022 @10:17AM
(#31862230)
Me and a few hundred pseudonymous individuals on Twitter will...what? Mail different currencies to a trusted central party?
Re:On the dangers of cryptocurrencies and the uselessness of...
by 4oh9do on Friday June 24, 2022 @10:50AM
(#31862940)
> on Twitter
Don't go changing the goalposts now. You previously said:
> an international group that doesn't trust US based corporations with their personal data
So no Twitter for you.
Re:On the dangers of cryptocurrencies and the uselessness of...
by elil17 on Friday June 24, 2022 @10:25AM
(#31862386)
Or mail the currencies to the international group directly?
Re:On the dangers of cryptocurrencies and the uselessness of...
by engineer_22 on Friday June 24, 2022 @10:24AM
(#31862365)
What could go wrong? /s
Re:On the dangers of cryptocurrencies and the uselessness of...
by sneak on Friday June 24, 2022 @10:35AM
(#31862587)
This is subject to third party government veto (with or without due process) as it crosses borders. Crypto is not.
It's also slow and risky.
Re:On the dangers of cryptocurrencies and the uselessness of...
by glerk on Friday June 24, 2022 @10:20AM
(#31862294)
As in sending cash by mail potentially across borders? Is that really a solution?
Re:On the dangers of cryptocurrencies and the uselessness of...
by elil17 on Friday June 24, 2022 @10:25AM
(#31862373)
Absolutely, you can even get it insured (although there's often a limit in the $1,000s or $10,000s).
Re:On the dangers of cryptocurrencies and the uselessness of...
by z3c0 on Friday June 24, 2022 @10:36AM
(#31862598)
How does getting it insured guarantee that the money will make it to its destination? That's only to get it back in the instance of theft. Anyone who's ever had family or friends in third-world countries can tell you firsthand that mailing even consumer goods is a bad idea. Mailing cash is plain foolish.
Re:On the dangers of cryptocurrencies and the uselessness of...
by glerk on Friday June 24, 2022 @02:14PM
(#31866945)
Would you also argue that email is useless because you can just send a letter? I don’t think “crypto is useless because you can just send cash by mail” is a serious argument, sorry.
Re:On the dangers of cryptocurrencies and the uselessness of...
by iskander on Friday June 24, 2022 @10:32AM
(#31862528)
Have you ever encountered a project actually fundraising in this way?
Re:On the dangers of cryptocurrencies and the uselessness of...
by 4oh9do on Friday June 24, 2022 @10:52AM
(#31863016)
> Have you ever encountered a project actually fundraising in this way?
https://www.eff.org/files/2020/05/27/eff_membership_form_202...
Re:On the dangers of cryptocurrencies and the uselessness of...
by elil17 on Friday June 24, 2022 @11:53AM
(#31864191)
Most projects don’t have any issue using bank accounts because they work well. As others have stated some projects do.
Re:On the dangers of cryptocurrencies and the uselessness of...
by elliekelly on Friday June 24, 2022 @11:20AM
(#31863632)
I periodically send an envelope of cash to Mullvad. So far I haven’t had any issues.