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?
Monero’s ring signatures are an actually interesting bit of cryptography. And it does provide a real benefit (private transactions) that other payment systems don’t. Of course that means it breaks all the anti-money-laundering laws to exchange money to/from Monero, but it’s less of a joke than the rest. Still PoW though, so inherently destructive and not something I’ll support.