“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.”

  • shadythgod
    link
    fedilink
    arrow-up
    4
    ·
    4 years ago

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

    ??

    • mrshll1001@lemmygrad.ml
      link
      fedilink
      arrow-up
      2
      ·
      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)

    • GotExx
      link
      fedilink
      arrow-up
      2
      ·
      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.