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2021-05-02

Re: Cryptocurrency is an abject disaster

tags: grumpy

Drew Devault writes:

Cryptocurrency is one of the worst inventions of the 21st century.

gemini://drewdevault.com/2021/04/26/Cryptocurrency-is-a-disaster.gmi

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Full ACK.

My stake in all cryptocurrencies has always been zero. And I shall keep it that way.

I thought its an interesting (mostly mathematical) idea when I heard about it the first time. But I clearly remember the day when I read that Bitcoin is now convertible into other currencies. That day the red line was crossed --- red in my little world at least.

Also in my personal list of "not needed technology" is:

Oh well.

~ew

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