I was searching info on a crypto scam and saw that now reddit has jumped on the crypto bandwagon too? Everything must be on a blockchain for some reason

  • 🐱TheCat
    51·
    1 year ago

    These motherfuckers went through all the trouble of integrating ethereum blockchain tech but they don’t actually want to use it to pay anyone anything useful so they make up a stupid community coin instead of just letting people tip others in ETH.

    It’d be interesting to do a REAL blockchain social network that did allow meaningful micropayments. Anyone aware of project like that either in progress or defunct?

      • HughJanus@lemmy.ml
        1·
        1 year ago

        I think the point is, if you’re going to add crypto, you might as well add one that’s actually valuable instead of some new proprietary nothing coin.

    • HughJanus@lemmy.ml
      1·
      1 year ago

      I don’t know why every website is doing this now. Are they selling this new crypto they just invented? Why would anyone buy it?

      I guess I really don’t understand crypto regardless. Like I get it as a currency, it makes sense that way, but if that’s what you want, you probably don’t want to be creating a dozen new currencies every day. You probably want to condense them into maybe a handful that handle different use cases and pros/cons.

      This just feels like exploiting people with gambling tendencies trying to get rich on the next crypto that randomly skyrockets in value for no tangible reason other than wild speculation.