this post was submitted on 09 Mar 2024
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Lemmy Shitpost

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[–] spaphy@lemmy.ml 1 points 8 months ago

Can someone tell me how decentralized money became the enemy? It is decentralized currency that is like everything we stand for literally using mastodon protocol here.

it’s not the creators fault that the first thing the userbase did was centralize it onto these marketplaces lol. I’m reminding people that this is conceptually great but terrible implementation, across the board.

[–] daltotron@lemmy.world 0 points 8 months ago (1 children)

I've read through this whole thread, and I still haven't really come to any solid conclusions on it. I'm skeptical of crypto as a kind of idiotic speculative market, but that's also every market ever. But then, the blockchain is apparently different from crypto, even though they're both hype-laden marketing terms that have been completely fucked up. I think doing [redacted] with crypto is still potentially cool, though I think it still has limited anonymity, from what I've heard, and the speculative market also fucks it up.

Is "the blockchain" just like some nerd shit that's for internal hospital ledgers, and beyond that it's all kind of moot garbage, or what? Someone spoonfeed me.

[–] strahlemann@feddit.de 0 points 8 months ago

git is a blockchain, just without PoW