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Bitcoin is Stupid and Does Not Deserve an Emoji (blog post) (thedabbler.patatas.ca)

submitted 3 months ago* (last edited 3 months ago) by smallpatatas@lemm.ee to c/technology@lemmy.world

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

F that

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[–] parpol@programming.dev 0 points 3 months ago (1 children)

I didn't check out any of your posts. I was making a point about the "safe and stable" stockmarket vs the "volatile and dangerous" cryptomarket.

Cryptocurrency is just like the stockmarket, so there are safe, dangerous, and stupid options.

No one has argued that bitcoin is stable. It maybe will be in 10-20 years, but for stability today, you obviously go with a stablecoin like USDC or whatever stablecoin that is backed by your local currency and assets.

[–] cygnus@lemmy.ca 0 points 3 months ago

I didn’t check out any of your posts. I was making a point about the “safe and stable” stockmarket vs the “volatile and dangerous” cryptomarket.

We're talking about currencies, not stocks, but I'm not surprised that crypto bros think their imaginary coins an somehow both appreciate in value like an investment while also being stable enough to use as a currency.