this post was submitted on 05 Oct 2024
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totally whiffed on crypto.
at least 130 countries are working on developing national cryptocurrencies.
Bitcoin goes from $15 to $62,000 in ten years
crypto market cap goes from $11 billion to two trillion dollars in ten years.
The only people calling crypto a failure are ig'nant or covered in salt.
CBDCs aren't cryptocurrencies.
As for the rest, "It's good because it's making lots of money" isn't as persuasive an argument as you think it is.
"CBDCs aren't cryptocurrencies"
Love to hear how you think cryptographic digital currencies aren't cryptographic digital currencies.
"As for the rest, "It's good because it's making lots of money""
cryptocurrencies are exceptionally popular tech with very active communities developing new technology that is constantly gaining popularity and value.
by your flawed metrics, solar power is "hype".
Not all digital currencies are cryptocurrencies. CBDCs are digital implementations of government-backed fiat currencies. If you don't understand the difference I don't have time to try to convince you, sorry.
Solar power produces energy. Cryptocurrency produces nothing and wastes energy doing it.
whiffwhiffff.
but hey, you swung.
Strange hill for them to die on... A quick search makes it obvious that CBDCs use cryptography
Strange hill to die on. A quick search makes it obvious that credit cards use cryptography.
Hey dude, cryptography != cryptocurrency. Cryptography just says "yes, this person made this transaction, I am sure of it as a computer because this math checks out".
Wait, so you're telling me that every time I swipe my VISA and smugly explain to the cashier that I'm a crypto bro, I've been the fool all along? Please excuse me while I begin to question everything in my life
yup, they must have realized the hole they're digging isn't getting any shallower.
but with six.
Hahaha, this is so funny.