this post was submitted on 24 Jul 2025
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[–] thejml@sh.itjust.works 31 points 2 days ago (1 children)

Personally, I hate crypto, but I like the idea of crypto. Like decentralized currency, useable anywhere by anyone, independent of locale/government, is an awesome ideal. What drives me away from it is the fact that it’s not reliable (it fluctuates all over the place, and there’s no guarantee what you have one day will be there tomorrow), it eats more power than a country just to track transactions, there’s tons of different ones, and it’s generally used for scams and illicit purchases. Which I suppose is part of its reason it be, but no legit storefront I use takes it.. probably for the first reason.

It also doesn’t help that it’s got a bad rap from all the crazy crypto-bro/fly-by-night scams and NFT stuff.

[–] skisnow@lemmy.ca 3 points 2 days ago

independent of locale/government, is an awesome ideal.

it’s got a bad rap from all the crazy crypto-bro/fly-by-night scams

One is an inevitable consequence of the other.