this post was submitted on 27 Jul 2025
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[–] Lucidlethargy@sh.itjust.works 7 points 9 hours ago (2 children)

This doesn't even make any sense. Just use cash if you hate cards. Most places actually will love you for this.

Fuck crypto.

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[–] InnerScientist@lemmy.world 2 points 6 hours ago (3 children)

This is a heated topic it seems, to crypto or not to crypto.

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[–] Nangijala@feddit.dk 25 points 12 hours ago (1 children)

Crypto is to peacocking men what MLMs is to american housemoms.

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 5 hours ago (1 children)

A lot of crypto relies on greater fools, but not all of it.

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[–] But_my_mom_says_im_cool@lemmy.world 31 points 13 hours ago (2 children)

Bitcoin bros are acting like little pushed around victims now?

[–] notarobot@lemmy.zip 6 points 9 hours ago

I think this is bit what the post is trying to say.

A few days ago, visa and MasterCard forced steam to stop selling some games they didn't like, and is not the first time. For many of us (I'm not a bitcoiner nor a crypto bro, my entire crypto wallet is 1usd) the first thought was "this is ridiculous. They have a duopoly so they get to decide the rules of the internet. This can be solved with crypto to remove all the unnecessary middlemen". I felt the push. It reignited my interest in the tech and am once again seeing what's out there, fees, and transaction times looking for a good balance

[–] jerkface@lemmy.ca 5 points 10 hours ago* (last edited 10 hours ago) (2 children)

Needlessly antagonistic interpretation presented not for good faith discussion but for your own fragile emotional needs. Reap what you sow.

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[–] VinesNFluff@pawb.social 70 points 15 hours ago* (last edited 15 hours ago) (8 children)

Crypto remains a pyramid scheme masquerading as a resistance against tyranny

Ironically you know what ACTUALLY protects from powergrabs by payment processors? A fully centralised, government backed form of digital cash that is fully equivalent to paper money.

Ask a Brazilian about pix. Super low fees (often feeling non existant). And transactions can't be invalidated on the whims of a corporate board. For something to not be buyable by pix it has to be illegal, thus having to go through every layer of checks and balances a democracy has.

The problem with visa and their ilk is that finance has been privatised. Too much power in the hands of corporations that have deftly dodged regulation that would keep them neutral and honest. Thinking privatising things further and turning everyone into a fully unregulated petty digital landlord is gonna solve anything rather than make it worse is foolhardy.

[–] DeathByBigSad@sh.itjust.works 9 points 9 hours ago (1 children)

you know what ACTUALLY protects from powergrabs by payment processors? A fully centralised, government backed form of digital cash that is fully equivalent to paper money.

Only if the government is democratic, many governments seems to be autocratizing these days, which wouldn't help when they start enacting puritan policies and refuse payment transfers. Not to mention, even some democracies banned porn (South Korea, for example).

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[–] Kinperor@lemmy.ca 19 points 14 hours ago (13 children)

Adding a few more points to fully kill crypto as a "freedom currency"

  • Generating crypto requires capital; people with computers and access to energy will instantly get the ability to outgenerate any other crypto participant
  • Energy-centric currency just empowers the same rich lobbies; oil and gaz lobbies are delighted to see that there's an uptick in energy demand
  • People with right material (read, capital) can track you, but low chance to track anyone doing crime at a national level (due to odds of them having a competent IT (baring the Hegseth drunkards out there))
[–] Knock_Knock_Lemmy_In@lemmy.world -1 points 5 hours ago (2 children)

Your post applies to Bitcoin specifically, not crypto in general.

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[–] betanumerus@lemmy.ca 12 points 13 hours ago (18 children)

The main reason I don't care for bitcoin is I have to count a bunch zeros after the decimal point, before reaching a useful number. $1 = 0.000006128921 btc? Really? Screw those zeroes. Bitcoin is inefficient in so many ways.

[–] Bubbey@lemmy.world 8 points 10 hours ago (7 children)

If you're paying for small good (25-50$) you usually pay in "Satoshis" 0.00000001 BTC. If you convert it to dollars, 10 satoshis is 1 cent.

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[–] BombOmOm@lemmy.world 6 points 10 hours ago* (last edited 10 hours ago) (2 children)

Things are often measured in mBTC or µBTC for this exact reason.

Just as you don't measure the length of an ant in meters, you measure it in millimeters.

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