35 crypto companies made a Change Dot Org petition called "Bitcoin Deserves an Emoji"
F that
Sign this one instead: "Bitcoin is Stupid and Does Not Deserve an Emoji": https://www.change.org/bitcoin-is-stupid
this post was submitted on 31 Jul 2024
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I thought lemmy would be the kind of place that'd support ways to pay for things that don't need to be approved by a government. not all laws are just.
Theoretically: I love the idea of bitcoin.
Realistically: it requires exchanges, large amounts of power, etc.
Plus, governments have little interest in making illegal behavior easy. Many of the economic costs of bitcoin are that its an easy way to make stolen goods inaccessible.
If all bitcoin had to be purchased and sold in cash without credit cards or electronic banking I think it would make far more sense as a form of e-cash. But as it is, I think it damages society more than it benefits - which is the easiest justification for outright banning commercial usage of it.
monero >> Bitcoin. it's a lot more scalable and until recently you could easily buy it with cash