I don’t really want to reveal my identity online and I’ve been trying to find how I can do that. It seems like Patreon is the only one that acts as a middleman between you and the donator but it only does monthly subscriptions which I don’t really want to have…

    • averyminya@beehaw.org
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      1 year ago

      Likely a combination of the energy consumption for something not entirely recognized as usable currency and its instability of price as a byproduct of it being a not entirely usable.

      Tech is also pretty dirty unfortunately, so while it’s morally ambiguous for us to buy/build computers ethically sourced we can at least use them in an effort to use them ethically (like using the parts of the animal). We’re currently in a place where we can’t really avoid computers, so using them respectfully should be the goal. Given the inefficiency of energy, immoderate conservation (i.e. using old hardware that would be landfilled) by over-purchasing everything available, and how these chips came to exist in the first place it does seem a little more difficult to happily engage in this particular form of currency.

      Not OP, and personally I’m not against the idea of digital currency and I would personally accept any form of currency given to me, but I can understand wanting to avoid it. It’s also not entirely private either, it’s just as public as anything else just with the “benefit of the doubt” that washing it has.

      • LootGoblin42@beehaw.org
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        1 year ago

        wow. it’s interesting to hear. I’ve been really into crypto since 2011. I see it as the best money humans have ever invented. It allows me to be my own bank. It eliminates the financial middle men that just make money off our money. The banking industry is corrupt and wastes a lot of energy. The only thing really missing in most crypto is privacy.

    • Lionir [he/him]@beehaw.orgOP
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      1 year ago

      I think cryptocurrencies are largely inefficient, attract tons of scammers, generally propose deregulation of the finance sector and serve no real purpose.

      Largely, I don’t think they solve problems as much as they create them.

      • LootGoblin42@beehaw.org
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        1 year ago

        I’d argue that crypto is more efficient than the legacy fiat currency banking systems. The people/central banks that print money are some of the most corrupt on the planet. Scammers are attracted to money. There are plenty of fiat scammers too. Crypto doesn’t propose any kind of regulation or deregulation. It’s about decentralization and freedom to control your own assets. The fundamental driving force behind it is very much the same as the fediverse. It’s decentralized money.

        They serve the purpose of being able to quickly and easily send money around the globe without middle men that can censor your transactions. Anyone in the world can create a wallet for free. There are many places in the world where it’s difficult to even get a bank account.

        I don’t understand where you got the ideas that you have about cryptocurrency?

        • Lionir [he/him]@beehaw.orgOP
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          1 year ago

          I’d argue that crypto is more efficient than the legacy fiat currency banking systems.

          I don’t believe this to be true.

          Scammers are attracted to money. There are plenty of fiat scammers too.

          Sure, but you don’t see fiat currencies being used to pump and dump.

          Crypto doesn’t propose any kind of regulation or deregulation.

          It does. A system where you can transfer money without giving the information that would be needed for a government to tax you or regulate transactions is one that encourages people to commit fraud and avoid financial regulations.

          The fundamental driving force behind it is very much the same as the fediverse. It’s decentralized money.

          No. Distributed systems are fundamentally incompatible with federated systems. They are both decentralized but the way they are decentralized is very different.

          They serve the purpose of being able to quickly and easily send money around the globe without middle men that can censor your transactions.

          This is true but there are often reasons why transactions might be blocked. Some might be right and some might be wrong. If we’re talking about fraud, blocking transactions is good. If we’re talking about sex work, blocking transactions is bad. There is not an inherently bad value to blocking transactions.

          There are many places in the world where it’s difficult to even get a bank account.

          I’d love to see information about that.

          I don’t understand where you got the ideas that you have about cryptocurrency?

          I’ve seen cryptocurrency spaces and have informed myself on the subject. I don’t believe it solves real problems.