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Re: by effed3 on Monday December 04, 2023 @11:50AM (#38519620)
So, adopting the very nonsense/volatility of cripto, instead of fighting unequality in taxation and global/national true economies, speculation out of control, low real investments toward development, usw.. ? funny. I think Money (not cripto) alone does nothing without deep ideas to extend/regain some real -civilization-.
Re: by andsoitis on Monday December 04, 2023 @10:38AM (#38518569)
Ideas are a better way to extend a civilization or to have the essence that makes it good live on in other civilizations.
Re: by jasmes on Monday December 04, 2023 @10:39AM (#38518586)
I’m not sure I understand the argument. Is he saying crypto will be viable as an alternative to traditional reserve currencies once stable coins are actually stable? I’m a little confused.

Either way, we’re gonna burn this planet down before the money runs out. A process accelerated by crypto mining. cough

Re: by Hugsun on Monday December 04, 2023 @10:35AM (#38518524)
The environmental issues with bitcoin make it a bad choice for any application.

The idea might be good though but it is hard to imagine that the major powers won't have a strong hand in its inception if it ever occurs.

Re: by x86x87 on Monday December 04, 2023 @10:50AM (#38518725)
This is the wrong way to think about it. Apart from bitcoin, what other things have you worried about their environmental impact? If it's economical viable it's viable - we either have a free market or not. You cannot just ban things you don't like 'cause of "the environment"
Re: by jasmes on Monday December 04, 2023 @10:42AM (#38518621)
Agreed. Five eyes law enforcement is already all over crypto; can’t imagine they’d go easier if it became geopolitically influential.
Re: by coldtea on Monday December 04, 2023 @11:04AM (#38518939)
It's amazing what crazy stuff people will believe!