35 crypto companies got together to make a change dot org petition called “Bitcoin Deserves an Emoji”.

F that

  • YtA4QCam2A9j7EfTgHrH@infosec.pub
    link
    fedilink
    English
    arrow-up
    8
    ·
    5 months ago

    I don’t know if this argument is the winner you thought it was. A currency where people aren’t using it as a means of exchange because of price fluctuations is a failure.

    • cygnus@lemmy.ca
      link
      fedilink
      English
      arrow-up
      13
      ·
      5 months ago

      No, no, hear them out. It’s actually super great that when you walk into the grocery store the loaf of bread is $1.50, and by the time you walk to the bread aisle it’s $0.72, and by the time you walk to the cashier it’s $2.10. This is actually super great, because there’s also a medium country’s worth of electricity being consumed to enable that.

      • shortwavesurfer@lemmy.zip
        link
        fedilink
        English
        arrow-up
        4
        ·
        edit-2
        5 months ago

        When i pick up a loaf of bread its 0.012, and when i check out its 0.012. Currentsies are going to shift against each other. The exact same thing would occur if you walked into a store in, say, Germany and handed them dollars. Also, do you mind telling me how much energy the banking system uses to run their equipment, build their buildings, have their employees come to their branches, move armored trucks full of cash, etc. Like, I can understand the power use thing being an issue. But if you want to go after something that would make more of a difference, how about figuring out thermal bricks or something for industries making glass? Which produces a hell of a lot more greenhouse gases than crypto mining does. Industrial processes are a huge polluter. Or how about the global transportation system?

        • my_hat_stinks@programming.dev
          link
          fedilink
          English
          arrow-up
          7
          ·
          5 months ago

          This is the poster child for whataboutisn. You literally just argued that it’s okay for cryptocurrencies to pollute and waste energy because it takes energy to make glass too.

    • shortwavesurfer@lemmy.zip
      link
      fedilink
      English
      arrow-up
      2
      ·
      5 months ago

      It fluctuates with an I narrow range, and as it gets more adoption, that range is continuing to narrow. As a matter of fact, I sell items for Monero and I keep my prices completely stable and people do come to buy things. https://xmrbazaar.com/user/shortwavesurfer2009/. I have my prices set in such a way that they will stay stable until at least December 1st of 2024 at which time I will update them if need be.