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by maipen 79 days ago
It took a long time until we got real digital money, Bitcoin.

But all these new protocols want to do stuff at the expense of trustlesssness.

1 comments

Bitcoin isn't 'real digital money'. It's a speculative asset for gambling with. That's all it is, and all it ever was.
It was also briefly useful for buying drugs on the Internet.

It also enabled the existence of ransomware. Can't go big fish hunting if there is no viable way to pay the attacker.

All Bitcoin/crypto "currency" is harm with near-zero upside.