• Telorand@reddthat.com
    link
    fedilink
    English
    arrow-up
    65
    arrow-down
    6
    ·
    14 days ago

    If you needed more proof that crypto is a giant fraud scheme: Republicans love it.

    • tortina_original@lemmy.world
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      4
      ·
      14 days ago

      Republicans love $ too. So, a fraud scheme, yeah?

      That is a truly simplistic way of looking at things. Don’t. I am as left as you can possibly be and yet I absolutely hope that bitcoin and blockchain tech would take off.

      When I say blockchain tech, I don’t mean shiity scam coins, I mean “election data on an immutable public ledger” type of tech…

      One can dream.

      • sardaukar@lemmy.world
        link
        fedilink
        English
        arrow-up
        7
        arrow-down
        1
        ·
        13 days ago

        You don’t want elections anything mixed with computers until computer architectures are more robust and verifiable. Not to mention that to mess with elections takes much fewer resources when they’re digital than when you have to corrupt thousands of vote counters.

        Just gonna leave this here https://xkcd.com/2030/

      • Telorand@reddthat.com
        link
        fedilink
        English
        arrow-up
        2
        ·
        14 days ago

        I’m with you. However, the current state of things is not what I envision when I think of decentralized currency and immutable public ledgers.

  • Kokesh@lemmy.world
    link
    fedilink
    English
    arrow-up
    45
    arrow-down
    1
    ·
    14 days ago

    So in other words invest government money and taxpayer looses everything once the price plummets. Well done!

  • GreenKnight23@lemmy.world
    link
    fedilink
    English
    arrow-up
    7
    ·
    13 days ago

    so…is this how the Conservatives are funding Russia now?

    sure looks like a great way to launder funds to your best pal Vlad back in checks notes “not Russia”.

  • Phoenixz@lemmy.ca
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    edit-2
    13 days ago

    I should buy more Bitcoin for now

    I mean, crypto is fundamentally flawed and will never work well as a global system for everyone but in the meantime…

  • LovableSidekick@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    ·
    edit-2
    13 days ago

    How they gonna mine bitcoin without enough electricity to heat their houses? Maybe Cruz is doing research in Cancun.

  • MyOpinion@lemm.ee
    link
    fedilink
    English
    arrow-up
    7
    arrow-down
    6
    ·
    14 days ago

    Take your bitcoin and flush it down the toilet where it belongs.