this post was submitted on 27 Jul 2023
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Waaay early on when cryptocurrencies were regarded as being possible alternative currencies it may have made sense, but now as they appear to have become more like extremely questionable investment products/securities, I'm left confused why anyone still has donation links for them alongside alternatives that provide, y'know, usable money (e.g. Ko-fi/Liberapay/etc.).

Are the donation links I'm seeing just a web artifact like the occasional Google+ share icon on some sites, or is there something more at play?

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[โ€“] ElectroVagrant@lemmy.world 0 points 1 year ago (1 children)

Why would you reject free money?

Because it's as likely to be worthless as worth anything at all? One of the many problems with cryptocurrency is its volatile valuation...Which is a knock-on result of its failure to function as a currency at all for the most part. It's a lot less like free money and more like free arcade tokens to an arcade that's as likely to be shut down for health & safety as it is to have any functioning machines at all.

[โ€“] Lumidaub@feddit.de 0 points 1 year ago

Yeah, I should probably qualify and say "one of the bigger, more stable currencies". From what I know about this stuff, which isn't very much admittedly, those seem worthwhile if you don't plan to keep them anyway. I don't care about volatility if I'm not hodling, do I?