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How the web became unreadable (infosec.pub)

submitted 1 year ago by q5VtXnYt@infosec.pub to c/technology@lemmy.ml

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[–] jmp242@sopuli.xyz 3 points 1 year ago (1 children)

I am pretty convinced crypto as it currently is is 99% a scam or a way to waste a lot of money compared to a traditional financial transfer. It's made worse by the environmental impacts of mining. Crypto would have to be something completely different before it'll take off for any kind of traditional payment system. And I actually think we just need the government to mandate a better bank to bank payment system with no fees like they have in Europe. Anything else is too fragmented which means friction in use and higher fees converting between the competing systems.