Bitcoin is Stupid and Does Not Deserve an Emoji
thedabbler.patatas.ca

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

F that

  • blind3rdeye@lemm.eeEnglish
    61·
    5 months ago

    I liked the idea for awhile as well. But for me, learning about the “proof of work” underpinning is what changed my mind. That - and the fact that cryptocurrency does not actually have any of the strengths that it claims to have. It’s definitely and interesting idea… but in practice it’s all just scams and incentivised waste.

    • deafboy@lemmy.worldEnglish
      11·
      5 months ago

      That’s interesting. I’ve initially written it off as a scam. Until I’ve learned about the proof-of-work.