| Category: General
Good, keep banning this shit.
In this thread: people that think governments are “doing just fine with the fiat system” and missing the entire point of Blockchain tech.
That’s great tbh… the less crypto the better
They should have stayed a part of Serbia tho, blackouts wouldn’t happen at all…
Cryptos gonna end up being a niche export product of places like Iceland and Paraguay at some point. You really need very cheap and sustainable electricity to even get close to a viable return on mining.
Good. Fuck crypto mining. Driving up GPU costs and wasting electricity just so they can generate some fake, volatile “money”.
Ye, guess why people of poorer countries are all mining like crazy, cant really blame them.
Its the only viable money making method when u got shitty wages, lots of taxes, the state issued currencies are all inflated af.
There is no way to get a decent loan from a bank because they basically can decide to whom they will give a loan to, and with predatory loans which is mostly given to poor people in need of money. With blockchain tech, you cut all the middle men out.
This does ofc not just apply to the finance system. You can build decentralized stores, social media platforms, streaming platforms, insurance and bunch of other cool stuff lol.