I was wondering what viewpoints and opinions this community has when it comes to cryptocurrency.

Personally, I’m not against it, but I’m not for it either. I like the concept of bringing back cash anonymity, and also decentralization (obviously). Although I don’t think it will be viable for at least another decade.

  • shortwavesurfer@monero.town
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    6 months ago

    Don’t forget the other things that go into the banking system though. You’ve got the mining for minerals to make their buildings. You’ve got the gas that it takes to get employees to and from work, the electricity to power those buildings, the electricity to make and distribute coins and physical money, The presses and machines to make physical currency, etc. And there’s probably a ton I am missing.

    • politicalcustard@beehaw.org
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      6 months ago

      You can certainly include all that stuff too, but the banking system provides services for 67% of the world’s population. Bitcoin is owned by about 100 million people.