this post was submitted on 29 Feb 2024
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FIFY
Then invest in ETH instead. It uses proof of stake instead of proof of work.
You are proof that the only people interested in crypto do it to try and become rich.
That user only represents some of crypto. There are others like myself who are not in it to get rich, but to maintain sovereignty in a surveillance state and dystopian world such as we are heading for.
You assume that crypto is some "honest" and "for the people" currency system because its all documented in the blockchain, when in reality it is gamed by big banks, investors and scammers just like other financial tool where a lot of money is involved and no or insufficiant regulations are in place. If Elon tweets "you can no longer buy tesla withy bitcoin", your savings will loose a lot of value over night.