Green - An environmentalist community

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What are your thoughts on green/private cryptos? (lemmy.ml)

submitted 2 years ago by libre_warrior@lemmy.ml to c/green@lemmy.ml

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Im interested in cryptos, because it could serve as a foundation for an internet funded by people and communities. A crypto that protects people's privacy and has a low energy cost.

But is this enough to make it ethical? Are there other aspects to take into concideration? Or is ethical cryptos possible?

In particular Im looking into Mobilecoin which Signal has integrated into their app.

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[–] onlooker@lemmy.ml -1 points 2 years ago

I'll let people smarter than myself answer your questions, but as for Mobilecoin: stay far, far away. It's just Monero, but rebranded for Signal. In addition, if Signal's company ever goes belly-up, so will the coin, instantly.