this post was submitted on 28 Jan 2024
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34
Why Vivaldi will never create ThinkCoin (post from 2022) (vivaldi.com)
submitted 9 months ago by dantheclamman@lemmy.world to c/technology@lemmy.world
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[–] TheRealKuni@lemmy.world 6 points 9 months ago

Why Vivaldi will never create ThinkCoin

Because he’s been dead since 1741.

[–] syd@lemy.lol 4 points 9 months ago (3 children)

I like Monero. Not a shitcoin, used by people and its private.

Other than Monero, I don’t think other cryptocurrencies are usable. Even BTC, ETH. Wallets should be private. Bitcoin doesn’t protect you from government.

[–] dantheclamman@lemmy.world 8 points 9 months ago (3 children)

Any proof of work coin is a no go for me

[–] Fisch@lemmy.ml 4 points 9 months ago (1 children)

Monero's POW algorithm is very different from most others tho because it brings in randomization, which makes it way more efficient to use a CPU instead of a GPU and distributes what miners mine, making powerful systems get less and slow systems get more.

[–] bob_lemon@feddit.de 3 points 9 months ago (1 children)

It's still an entirely pointless waste of energy for digital drug money.

[–] Fisch@lemmy.ml 1 points 9 months ago

Didn't expect the "privacy is only for criminals" take here

[–] BloodSlut@lemmy.world 2 points 9 months ago (1 children)

i like banano because its a memecoin where the proof of work is distributed computing for medical research

[–] dantheclamman@lemmy.world 2 points 9 months ago

That is interesting and seems much less wasteful! I have thought often of my time in the 2000s using my PS3 for Folding@Home. So many processor cycles being wasted on nonsense right now

[–] syd@lemy.lol 1 points 9 months ago

Name me a private POS coin like Monero, I’ll use it.

[–] treadful@lemmy.zip 1 points 9 months ago

Transparency of a financial system is also a feature.

[–] electro1@infosec.pub -3 points 9 months ago (1 children)

Bitcoin doesn’t protect you from government.

But it's good to own it, like they say: "Monero for spending, Bitcoin for saving"

[–] SinningStromgald@lemmy.world 15 points 9 months ago (1 children)

Savings that goes up and down and up and down worse than the stock market.

[–] Alimentar@lemm.ee 8 points 9 months ago (1 children)

Exactly, it's a speculative asset based on the greater fool theory

[–] treadful@lemmy.zip 1 points 9 months ago

Same barely thought out takes as usual.