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    Udon (udon@social.076.ne.jp)'s status on Tuesday, 15-Nov-2022 20:12:48 JSTUdonUdon
    in reply to
    • チャノさん
    • 寮
    • Altar24
    @ryo @Arty24 @JapanAnon
    Again I'm not talking about crypto or fiat which is better... If the root of problem is never realized then it is at best a less evil or at worst a fake solution. Just like the people's favorite left vs. right, communism vs. capitalism.

    If it's still hard to understand, I'll give more examples then. What determines ones power is not money since it's just a abstract representation and you can't create food or weapons from money. On the other hand, in the crypto system, the corpos can easily get mine the cryptos because they already own the resources and computing power more than others do (unless you're one of the elites?). Rather, it's wrong to assume there could be a global currency system because the ones that already hold the power can still affect the system just like how it is in fiat system. The only good thing about crypto like Monero is it's hard to track users, but other problems still exist.
    In conversationTuesday, 15-Nov-2022 20:12:48 JST from social.076.ne.jppermalink
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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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