Just got very lightly flamed by another user for making fun of crypto and was told that Lemmy and crypto have “the exact same advantages and disadvantages”. Now I disagree heavily there, since even if it shares some principles I’d argue that the scale of the problems change when you’re talking about a global finance system versus a social media platform filled with beans. But it did get me curious- how many of you are crypto supporters?
Private? It’s in a public ledger right, I think monero does some scrambling, but most crypto is a lot less private than paying in cash.
your comment is a moot point. i was saying that it could be private and while it is probably mostly associated with people trying to purchase illegal goods crypto tumblers are a thing so that is something that can anonymize your crypto. also, you can’t pay with cash online so there is a utility of something that can facilitate anonymity in transactions online.