Ask Lemmy

Step right up folks, get your hot hot takes here!

Real cryptocurrencies (of which bitcoin is the only one, don't @ me) I think are fine and worthwhile projects. 99% of the rest of the crypto sphere is straight up snake oil, and anyone saying any different is probably trying to sell you something.

The difference with the fediverse is that its main appeal is actually the decentralization and censor resistance, not the boatloads of speculative money to be made. The "entrepreneurs" seeing dollar signs is what made crypto into a joke, so hopefully we can avoid that for a while.

I do own & use cryptocurrencies a bit but would never had thought to link Lemmy to anything crypto related. Don't even follow any crypto communities around here.. being part of the Reddit exodus, over on Reddit there's so much spam and shills surrounding the topic that I avoid those communities there too.

My guess is you just happened to run into a random crypto bro.

i’m generally anti-crypto. i’m not against it fully, i think it has a purpose but that purpose is not unstable, highly volatile investments, meme coins, or play-to-earn games.

I filtered out every crypto and investing sub on Reddit other than r/bogleheads

No.

Also Lemmy is not trustless at all, which is a very important part of crypto. In fact the reason that crypto can’t really do anything worthwhile is because it has to be completely trustless.

i mean if you use stuff like monero to pay anonymously yeah sure go ahead but majority of crypto are just shitty scams.

or you could just pay with cash, the original anonymous payment method

I use Monero to pay for online services such as VPN, hosting, domains, VPS, E2EE cloud hosting, solely because I don't want to be on someone's list of customers and I don't want constant spam. Same reason I pay cash in stores and don't have loyalty cards. Might be very slightly more pricey that way but the reward for me is no marketing teams to deal with.

Lol. If they're comparing Crypto and Lemmy and getting mad, that's probably just one way of how they got sold on crypto by whatever community they're in. Just ask anyone who uses crypto a simple question: If I pay for a good or service, and I am not given that good/service, what should I do? Having a decentralized money exchange is great (and much needed), as a supplement to a centralized one. Something like Lemmy on the other hand has nothing to do with trading value, it's moreso contribution for the sake of adding value into a shared system. I'm not going to try and find retribution for someone not answering a question I post, because I didn't pay anyone to answer it.

those are probably vocal minorities