• asudox@lemmy.worldOPM
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      9 months ago

      You seem to think about cryptocurrencies like gold as well; an investment. My question was about the future of them as a normal currency that you can use to pay with online. I personally use XMR when I can to pay services.

      • stoy@lemmy.zip
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        9 months ago

        My question was about the future of them as a normal currency…

        There is none, crypto has never been nor will ever be a normal currency, at best it will keep being a fringe currency with dubious reputation and stabillity.

        I personally use XMR when I can to pay for services

        If XMR is anything like BTC in terms of it’s energy use per transaction then you are causing massive wastes of energy on a transaction comapred to a normal VISA transaction.

  • kescusay@lemmy.world
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    9 months ago

    Same as their past: Get-rich-quick schemes, outright scams, massive wastes of electricity, criminal funding tools, investment instruments that aren’t backed by actual companies making anything (and are therefore 100% speculation)… and sometimes some interesting technology.

    • Bobby Turkalino@lemmy.yachts
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      9 months ago

      investment instruments that aren’t backed by actual companies making anything (and are therefore 100% speculation)

      Yep, only the evil bad crypto has ever done this! Our revered financial institutions would never sanction such filt-

      2008 enters the room

      SHIT