this post was submitted on 08 Jan 2024
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[โ€“] belated_frog_pants@beehaw.org 4 points 8 months ago (1 children)

Crypto is a capitalism scam, not an anarchist idea. You should read up why governments want to regulate currency.

True anarchism of value is about owning the means of value. The black market is common people eschewing government set value. Crypto is a grift like inflated stocks where the last one holding it is the loser.

[โ€“] centof@lemm.ee 0 points 8 months ago

Crypto is a capitalism scam, not an anarchist idea

Source?

Also ooh scary buzzwords, that mean nothing in this context.

You should read up why governments want to regulate currency.

I might if you link me to some recommend links or sources where I can. My understanding is it is mostly to control the money supply.

Crypto is a grift like inflated stocks where the last one holding it is the loser.

Most crypto projects are grifts, I acknowledge that. Even so a few cryptos have actual legitimate use cases like monero.

But I don't see how stocks has anything to do with that. Cash is used for MLM scams does that mean I shouldn't use cash for anything?