Why Vivaldi will never create ThinkCoin | Vivaldi Browser
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It’s a topic that is practically inescapable these days, whether online or off. But when it comes to cryptocurrency, all that virtually glimmers is not gold.
  • syd@lemy.lolEnglish
    135·
    11 months ago

    I like Monero. Not a shitcoin, used by people and its private.

    Other than Monero, I don’t think other cryptocurrencies are usable. Even BTC, ETH. Wallets should be private. Bitcoin doesn’t protect you from government.

      • FischEnglish
        51·
        11 months ago

        Monero’s POW algorithm is very different from most others tho because it brings in randomization, which makes it way more efficient to use a CPU instead of a GPU and distributes what miners mine, making powerful systems get less and slow systems get more.

          • FischEnglish
            63·
            11 months ago

            Didn’t expect the “privacy is only for criminals” take here

      • BloodSlut@lemmy.worldEnglish
        3·
        11 months ago

        i like banano because its a memecoin where the proof of work is distributed computing for medical research

        • dantheclamman@lemmy.worldOPEnglish
          2·
          11 months ago

          That is interesting and seems much less wasteful! I have thought often of my time in the 2000s using my PS3 for Folding@Home. So many processor cycles being wasted on nonsense right now

      • syd@lemy.lolEnglish
        1·
        11 months ago

        Name me a private POS coin like Monero, I’ll use it.

        • Alimentar@lemm.eeEnglish
          101·
          11 months ago

          Exactly, it’s a speculative asset based on the greater fool theory

          • Snowstorm@lemmings.worldEnglish
            215·
            11 months ago

            The same can be said about your goverment issued currency. People in venezuela holding fiat are instead the fools. You can argue that you are not in venezuela, but you do not get bitcoin when your countries become one but before. In many cases, you are even banned to exchange your goverment issued papers for bitcoin when that already happened. People live under different governments, bitcoin gives them the option to hedge against the risk they see.