• Fair Fairy@thelemmy.club
    link
    fedilink
    arrow-up
    9
    ·
    6 days ago

    The correct thing to do is ban all the digital coins.

    All they used for is tax avoidance. While raising electric bills

    • LifeInMultipleChoice@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      4
      ·
      edit-2
      6 days ago

      Decent digital currency wouldnt use much electricity and would stop hyperinflation occuring in countries experiencing extreme issues. Being that taxes are standardly on income and sales, where is it you are saying they are dodging taxes? (Bitcoin isn’t a good digital currency, but neither should a decent one be run by the country)

        • thatKamGuy@sh.itjust.works
          link
          fedilink
          arrow-up
          4
          ·
          6 days ago

          Ethereum is probably the most well-known of the ‘proof-of-stake’ cryptocurrencies, which don’t require massive resources in order to generate/validate transactions. It made the switch back in 2022 I think?

    • HEXN3T
      link
      fedilink
      arrow-up
      1
      ·
      6 days ago

      And bar people who rely on anonymous payments for their HRT or psychedelic therapy?