• Sethayy
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    11 months ago

    Idk feels a bit like propaganda to me, crypto is the closest to a socialist currency you can get; instead of one or 2 super banks controlling all the money its divided throughout the people.

    but then again this study has no (and obviously couldn’t easily) bias control for such a factor

    • Lucidlethargy
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      11 months ago

      Crypto is a pyramid scheme. It’s not currency.

      • Sethayy
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        11 months ago

        Anything under capitalism is a pyramid scheme, its just most noticeable when its more sharp of a pyramid

    • Uriel238 [all pronouns]@lemmy.blahaj.zone
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      11 months ago

      To be fair, the currency is a collectively managed element. But currency trading is prospective investing, id est majorly doing a capitalism which is quite conservatve.

      If we just bought stuff with crypto and tried to stabilize prices that would be a public-service driven effort, ergo socialist