“Cryptocurrency is one of the worst inventions of the 21st century. […] It has failed to be a useful currency, invented a new class of internet abuse, further enriched the rich, wasted staggering amounts of electricity, hastened climate change, ruined hundreds of otherwise promising projects, provided a climate for hundreds of scams to flourish, created shortages and price hikes for consumer hardware, and injected perverse incentives into technology everywhere. Fuck cryptocurrency.”

  • GotExx
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    4 years ago

    This is the case with crypto currencies such as Bitcoin or Ethereum which are mostly used for trading rather than actually being used for trading. There is a French project for a non-energy consuming crypto-currency that puts the human at the centre of the currency. Don’t hesitate to have a look at the official website. https://libre-currency.org/

    • blank_sl8
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      4 years ago

      It is called Ğ1 (pronounced \ʒuːn)

      what a great way to get started

      • onlooker
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        4 years ago

        Amateurs. Calling it G̷͚̒1̵͜͝ is clearly the better choice.

    • shadythgod
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      4 years ago

      which are mostly used for trading rather than actually being used for trading.

      ??

      • GotExx
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        4 years ago

        Fucking translator ^^ What I meant was that this currency is more for trading (selling items and services) rather than for investment and enrichment.

      • mrshll1001@lemmygrad.ml
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        4 years ago

        At a guess, I think that means that they’re used as commodities to be traded, rather than used as a means of exchange of goods/services (trading)

    • Torquatus
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      4 years ago

      I checked it out, seems really interesting. I’m not much into cryptos, but having watched the seminars about Duniter, Libre Currency etc., I like the idea.

      Can anyone interested in this point out: what of this project doesn’t sit right with you, or what can be changed, in your opinion?