Ek-Hou-Van-Braai

Sorry but I'm not reading 3 whole articles. (can't even reject the cookies on some of them)

What does bitcoin solve? And what about risks like you(or your vendor) getting hacked and literally your whole life savings just vanishing into a puff of smoke?

Traditional banks protect you against things like that.

Yea I get that argument, and thought Lemmy might feel Crypto = Good (because fuck the system)

I think as with everything it's not black and white and and needs to be studied properly.

Mass surveillance would stop crime sure, but the price you pay for that is privacy and a concentration of power which will likely be abused. Meaning it's not worth the price/risk.

What benefits has crypto given us? and are they worth the metric shit-ton of electricity that it uses along with all the crime and dodgy dealings it facilitates?

I get that it's very nice during a revolution or something like that, but there are also massive downsides and to me it looks like it mostly benefits criminals and people taking advantage of others.

Trump has made a fortune on his shit-coin, it's a great way for people to get around regulations and hide things they usually wouldn't get away with.

I'm open to have my opinion changed, it's just what it looks like to me

Bitcoin alone uses more electricity than the entire country of Norway.

It's a REALLY REALLY wasteful way to do transactions and is terrible for the environment.

Other than that, it's fueled the black market and illegal business, it doesn't really have any real world benefits you can't get from regular banking for the vast majority of people.

One bitcoin transaction is estimated to use between 50 and 700kwh of electricity. Your average dutch household uses ~2000kwh, so ~10 transactions burn more electricity than a whole household.

Should get rid of crypto while we're at it.

I'm very polite so that the basilisk spares me

It's basically android with all the spy ware stripped out and more privacy features, so not perfect but still significantly better than what we've got

GraphineOS will partner with a big manufacturer soon, then normies can switch over easier

Either way we've got to try, there is a slow shift happening in that direction, and the more that shift the easier it becomes

Hopefully with the political climate governments will be more resilient and care about digital sovereignty

Nope, one municipality switched, this is a whole state.

Got to start somewhere, if a few do it it shows it's possible