• Nalivai@lemmy.world
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    8 hours ago

    Yeah, because crypto is not that. The problems with it as a payment system are numerous and make it unusable. It’s barely better than lugging suitcases full of twenties as a payment system for doing crimes, but only barely. The only thing it’s really good for is scamming people and gambling

    • hirihit640@sh.itjust.works
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      2 hours ago

      What problems? And crypto gets associated with crime because the currency is harder to control, which is precisely the point. Governments love being able to control their payments systems, just like they love to define what a “crime” is.

    • AmanitaCaesarea@slrpnk.net
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      4 hours ago

      There are enough crypto currencies made specifically with payment processing as their primary goal. But sure let’s just ignore good tech cus “crypto bros bad”

    • Zetta@mander.xyz
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      7 hours ago

      BS, Monero is the best currency for making untraceable payments full stop. People buy drugs with it but buying drugs shouldn’t be a crime. We need private currency’s that governments don’t control like that. It may not be great in every way but it’s the beat that exists and is certainly used for more than gambling and scamming people.

      • FatherPeanut@pawb.social
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        7 hours ago

        I was gonna say, you can tell who’s just a cryptobro vs who actually cares about fiscal freedom based on that. If anyone suggests you use bitcoin, they probablyyyyy aren’t someone to listen to. Zcash and Monero are the only two I’d ever trust as of now.

        Honestly, its a massive shame that a technology as good as crypto was completely usurped by groups just looking to profit. They chant “This is true freedom of finance!” while only caring how much USD it’s worth. Like dawg, that’s why nobody takes crypto seriously.

        • prole@lemmy.blahaj.zone
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          7 hours ago

          Dunno why zcash has taken off so much, I believe it’s not private by default, but you have to manually enable that feature.

          Monero is 100% opaque always

          • WhyJiffie@sh.itjust.works
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            5 hours ago

            to add why that is bad: it makes those who enable privacy to stand out. those users who do thatbwill face arbitrary restrictions, but also it is easier to doxx the person behind a transaction if there are not a lot of other transactions with privacy enabled