NFTs and (x)coin speculation really made a lot of people sour on cryptocurrency, fairly or unfairly.
There are legitimate uses for crypto, I don’t think Mastercard, Visa, or your bank need to know what size dildos you’re buying online. But people treating it like a high value stock instead of actual currency really hampered it’s wide adoption imo.
I use monero for this reason. It has actual usage as a currency and maintains a fairly stable value. Sure, it fluctuates, but it does so rather slowly compared to others. It doesnt drop 15+% overnight.
When I got a new PC it had (and still has) quite powerfull cpu, so I googled if I could make some money from my PC. The answer was crypto mining. Only nice looking crypto miner for Linux was Cudo miner and it only supported Monero for cpu mining. I was mining for a year and got 50€, because of free electricity (parents). In that time I discovered that Monero is private and anonymous crypto and then I got interested in privacy. I was also a localmonero trader but paypal close both of my accounts without a reason :(.
Nice story. There are a lot more cryptos and blockchains that aim to disrupt the current centralized systems. It is rather easy to distinguish between real cypherpunk rooted projects and other useless shitcoins.
Holy shit whats up with all these guys hating here on cryptos? As if all of them would be the same. Sure better go to daddy bank…
NFTs and (x)coin speculation really made a lot of people sour on cryptocurrency, fairly or unfairly.
There are legitimate uses for crypto, I don’t think Mastercard, Visa, or your bank need to know what size dildos you’re buying online. But people treating it like a high value stock instead of actual currency really hampered it’s wide adoption imo.
You are so right about this… Unfortunately…
I use monero for this reason. It has actual usage as a currency and maintains a fairly stable value. Sure, it fluctuates, but it does so rather slowly compared to others. It doesnt drop 15+% overnight.
To be clear: I also hate crypto EXCEPT MONERO.
When I got a new PC it had (and still has) quite powerfull cpu, so I googled if I could make some money from my PC. The answer was crypto mining. Only nice looking crypto miner for Linux was Cudo miner and it only supported Monero for cpu mining. I was mining for a year and got 50€, because of free electricity (parents). In that time I discovered that Monero is private and anonymous crypto and then I got interested in privacy. I was also a localmonero trader but paypal close both of my accounts without a reason :(.
Nice story. There are a lot more cryptos and blockchains that aim to disrupt the current centralized systems. It is rather easy to distinguish between real cypherpunk rooted projects and other useless shitcoins.