this post was submitted on 03 May 2025
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[–] untakenusername@sh.itjust.works 1 points 18 hours ago (15 children)

torrenting Wikipedia

oh and crypto mining, like ur actually printing money, how tf is that legal

[–] bizarroland@fedia.io 11 points 17 hours ago (2 children)

It's because crypto isn't actually money. It's just something somebody might give you money for.

In theory, you can walk to your nearest forest and collect pine cones and then sell them to people.

That's about the same as crypto, only pine cones are actually useful.

[–] kassiopaea@lemmy.blahaj.zone 1 points 12 hours ago

Fiat currency like the US dollar is just as intrinsically worthless. It has value only because people accept that it does, they trade with it, and it has legal status as tender "for all debts, public and private".

People trade bitcoin and other cryptocurrencies for goods all the time, without converting it to USD or anything first. I mean, yeah, usually the thing they're buying is drugs or something but it's the same as handing your local dealer a $20 bill.

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