It may seem like it, but it sure isn’t like it. You’ll obviously hear about the bad and nothing about 5he good, unfortunately that’s how media works nowadays.
Do you want to elaborate on those issues that are unacceptable and unfixable? I’m not saying there aren’t any, but you’re describing a trade-off, and crypto isn’t the only thing in the world with trade-offs.
Fiat is a great example - conveniet, nice, until it starts hyperinflating, until people use it to fund wars, until the government confiscates it because you insulted a politician on Twitter.
You’re free to hold your crypto on an exchange, you’re free to buy a hardware wallet and do your due diligence when confirming transactions, you’re free to create a multisig for your coins and tokens to introduce multiple factors for signing.
But it’s your choice.
people dying, losing keys
That’s on them, it’s like stuffing money into a mattress and not telling your family.
mining coins are destined to die
Mining’s not great for sure, but “destined to die” makes no sense.
Inflation is necessary so that people spend the thing
That’s kinda funny, because in the case of Ethereum, the deflation comes from people using and spending Eth on gas.
I’m also not saying that Ethereum is the perfect currency to replace fiat, the utility there comes from everything that’s built on top of it.
Widen your horizon, crypto isn’t just a medium for payments.
Hardware wallets are safe, multisigs are safe. You can be safe if you put in the effort. If you don’t want to do it, that’s your call, doesn’t mean the system sucks.
Yeah difficulty is adjusted depending on how many “devices” (simply put) are mining, the target is a specific blocktime.
What’s gonna kill bitcoin is the ever decreasing issuance, but that’s not the problem of crypto nor mining for that matter, just bitcoin.
Have you skimmed over the point that I think that Ethereum (one of the few sustainably deflating cryptos) isn’t just a currency but also a base for other things that may also serve as a currency?
Also, it’s not bad for the currency itself, just for the economy around it. And again, I’m not saying Ethereum should replace the dollar.
Simple as that, I have a few GPUs hanging around and I want to build a GPU node for my kubernetes cluster. I already have one, GPUs are attached and it can do cool things like transcoding plex easy enough, but I’m starting to look to the horizon for my next big projects....
The whole point of me making certain payments with crypto is for it not to be attached to my name. obviously the crypto service company has my cc details. whats the most privacy friendly one? ty :)
From my personal lemmy experience, a lot of people would consider it actual (legal) fraud that’s just not being prosecuted because the perpetrator/s are wealthy.
When you forget to set a boundary conditions in your logic (programming.dev)
915 days a year 😂...
How would you build a GPU-heavy node?
Simple as that, I have a few GPUs hanging around and I want to build a GPU node for my kubernetes cluster. I already have one, GPUs are attached and it can do cool things like transcoding plex easy enough, but I’m starting to look to the horizon for my next big projects....
Plex starts narcing on its own users' anime and X-rated habits with an opt-out service, and it's going terribly (www.pcgamer.com)
Most private crypto wallet? (kbin.social)
The whole point of me making certain payments with crypto is for it not to be attached to my name. obviously the crypto service company has my cc details. whats the most privacy friendly one? ty :)
Google forced to reveal users' search histories in Colorado court ruling (www.techspot.com)