this post was submitted on 30 Mar 2025
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[–] stoy@lemmy.zip 11 points 1 week ago (4 children)

Cryptocurrency is not big, it is a scam.

scams can be big.

[–] josefo@leminal.space 20 points 1 week ago (2 children)

Also cryptography and cryptocurrency are not the same my dude

[–] kautau@lemmy.world 6 points 1 week ago

That’s not even the first guy who named both cryptocurrency and cryptography in the same comment, my guy

[–] stoy@lemmy.zip 2 points 1 week ago

I think you misread my comment, I didn't mention cryptography, I only mentioned cryptocurrency.

[–] hypna@lemmy.world 10 points 1 week ago (1 children)

Scam or not, the current market cap for crypto currencies is $US 2.67T https://coinmarketcap.com/

[–] FaceDeer@fedia.io 6 points 1 week ago (1 children)

And it's been around for 17 years now so if it's a Ponzi scheme it's one of the most amazingly long-running ones ever.

People are free to dislike cryptocurrency and to not use it, but they should at least recognize that there are people who do use it and who do like it.

[–] stoy@lemmy.zip 0 points 1 week ago

Thank you for stating the obvious, please qoute me where I mention that people can't use or like it.

[–] jagged_circle@feddit.nl 3 points 1 week ago (1 children)

Then how do you donate to an international movement that got blacklisted by paypal, swift, etc?

Cryptocurrency has value.

[–] llama@lemmy.zip 2 points 1 week ago (1 children)

If they're blacklisted then how will they sell the cryptocurrency for fiat and be able to use the fiat in any meaningful way?

[–] jagged_circle@feddit.nl 1 points 1 week ago (1 children)

Because its a p2p currency. You can't blacklist a p2p currency. There's is no middleman.

Thats why its valuable.

[–] llama@lemmy.zip 1 points 1 week ago (1 children)

That's true but operationally they can't pay for all their expenses in cryptocurrency so they will need to sell it for fiat first.

[–] jagged_circle@feddit.nl 1 points 1 week ago* (last edited 1 week ago)

Sure, but you can sell it p2p and get cash. You dont need to go through a company like tradfi.

Or you can buy prepaid cards and use those to pay for expenses.

All those problems have been solved. Its a great way for dissidents to raise funds internationally