35 crypto companies got together to make a change dot org petition called “Bitcoin Deserves an Emoji”.

F that

  • @[email protected]English
    23•4 months ago

    That is also not 100% true. There are several altcoins with fantastic utility. Monero and Ethereum come to mind.

    • @[email protected]English
      12•4 months ago

      Exactly. Most cryptocurrencies are scams, but a handful are fantastic. Ethereum is cool for being proof-of-stake (so no high-energy mining), and Monero is cool for being super privacy-oriented. There are a handful more, but honestly, if you stick with Bitcoin, Ethereum, and Monero, you’ll be fine.

      • @[email protected]English
        3•4 months ago

        That’s pretty much exactly my thought. I hold a very very small amount in Polygon, but only in order to pay the gas fees for the Polygon network. So I never have more than a few US dollars worth in it at a time.

        • @[email protected]English
          2•4 months ago

          Yeah, I basically just do Monero, and I use it as a spend account and use it anywhere it’s accepted. I don’t invest in any cryptocurrencies because I don’t think cryptocurrencies have positive expected return (it’s all hype), so I keep the amount of crypto I have small.

    • MubelotixEnglish
      7•4 months ago

      Ethereum has scam characteristics though. The creator Vitalik gave himself time to mine it alone before giving public access. He secured for himself quite a nice stash

      • @[email protected]English
        2•4 months ago

        That’s true. I suspect the application programming is the only reason that it actually took off.