this post was submitted on 12 Aug 2024
334 points (97.2% liked)

Technology

58108 readers
4981 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] capital@lemmy.world 4 points 1 month ago (1 children)

Crypto actually is really useful for evading the law

That's the only use case I've heard that makes sense. To be clear, sometimes it's moral to break the law, but still..

This came up in an episode of Cartoon Avatars and the specifics were basically, "I'm fleeing from my country and want to bring all my wealth with me over state boundaries without the possibility of it being stolen en route".

[–] SkyeStarfall@lemmy.blahaj.zone 2 points 1 month ago (1 children)

Yes, sometimes it is good to evade the law, because the law might be immoral, for one reason or another, and ranging in severity from not being able to buy weed that helps you, to not being able to flee from a country that might kill you

So there is some legit and morally acceptable use-cases for crypto, but still, it's not much

[–] capital@lemmy.world 2 points 1 month ago (1 children)

I agree that it's not much. That was my attempt at steel manning crypto's use case. The single one I know of that makes even a little sense. 99% of it is bullshit.

[–] 0laura@lemmy.world 1 points 1 month ago

with Monero there's also the use case of just, paying for things. it's like cash but digital because it can't be tracked. The issue with Monero is that it uses a lot of energy per transaction, a lot less than Bitcoin but still a lot. This would go down if more people adopt it tho iirc