this post was submitted on 04 Aug 2024
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Bitcoin already has a unicode sign, which is plenty. We don't need an emoji, we need better user access to the full unicode set. (To date, on both mobile and desktop, I have to sometimes websearch specific characters and copy-paste, and not all emoji are displayed on my PC Firefox browser, though it's better now than last year). Also curiously, the Lemmy website text editor emoji picker only places an emoji at the end of the text, not where the cursor is (and adds a space I don't want).
The current Emoji library has a frog face, ๐ธ not a frog body. That's a higher priority than a bitcoin. I could see some kind of generic crypto coin, maybe. Maybe.
On a parallel subject, I do think the international community would do well to create a decentralized currency, and I do think blockchain may figure into this, but it needs to be secure and allow for anonymous transactions, and not allow for tampering with the ledger. Bitcoin has failed on all three accounts. We need a better, more robust system, but it seems all current cryptocurrencies are practice, and toys for prospectors and gamblers until we make a robust one.
I absolutely do not want to encourage the ransomware industry.
Lol what? No legitimate bitcoin critics make these claims against Bitcoin. The ledger is immutable and the transactions are pseudo anonymous. In fact your typical bitcoin critic lists these as downsides ("no way to reverse mistakes" and "cannot prevent money laundering") right after the criticisms about energy consumption.
You legitimately have no idea what you're talking about.
I'm not a Bitcoin or crypto expert (though I remember news about a decade ago about unrelated data, including pictures, ending up in the ledger. Maybe they fixed it?) Rather I think about what I'd want in a currency that we don't have in state-backed currencies.
And yes, anonymity of transactions is one of the, money laundering is about justifying gains to a surveillance state on the grounds that only state-approved transactions should be allowed. Like the internet, the economy is and should be bigger than the regional states we have, unless you want Hollywood telling you what content you are allowed to watch and how many times before your license expires.
One of the problems with state-proprietary banking systems is that they can be manipulated for political purposes. It's nice when this means depriving dicks of their money (say Putin and Russian Oligarchs) but it's not very nice when it's used to silence journalists who embarrass the ownership class (e.g. Wikileaks) or is used by industrialists to block competition (e.g. the MPAA and RIAA arranging for the freezing of Kim Dotcom's assets, and those of Megaupload, which was about to release a new music distribution system).
The point is to create a currency that states cannot control or regulate.
Yes, there are matters like the black market. CSAM transactions have become more difficult to trace while cryptocurrencies are stable, but I suspect these can be addressed piecemeal when we actually confront problems like drug abuse and porn production. As it is, the people who do the most damage, cause the most cost and death have enough influence on state regulators of currency so as to not need to launder money. (Though they may fold conflict diamonds into ones mined from legitimate sources.)
You said the Bitcoin ledger is mutable. It's not. You said Bitcoin isn't anonymous and that's mostly true because it's pseduo-anonymous which can be fully anonymous if you want it to be.