Crypto is a capitalism scam, not an anarchist idea

Source?

Also ooh scary buzzwords, that mean nothing in this context.

You should read up why governments want to regulate currency.

I might if you link me to some recommend links or sources where I can. My understanding is it is mostly to control the money supply.

Crypto is a grift like inflated stocks where the last one holding it is the loser.

Most crypto projects are grifts, I acknowledge that. Even so a few cryptos have actual legitimate use cases like monero.

But I don’t see how stocks has anything to do with that. Cash is used for MLM scams does that mean I shouldn’t use cash for anything?

Some good points there. I would say money is value backed by (state sanctioned) violence while crypto is money backed by a proof of electronic work.

Ultimately humans create value. Simply using crypto gives it value. Government money(fiat) only has value because people and and organizations agree it has value.

Monero is a crypto that tries to be like cash in its anonymity and commitment to nontracking. It has legimate and ‘illegimate’ uses just like cash. You can buy VPNs privately with monero or you can buy dark market goods.

Monero is to cash as lemmy is reddit. Similar to how social media platforms like facebook and reddit are prone to the network effect so is money.

I did just for you. Hope that makes you feel better.

Relevant Section under Gift economies:

The expansion of the Internet has witnessed a resurgence of the gift economy, especially in the technology sector. Engineers, scientists, and software developers create open-source software projects. The Linux kernel and the GNU operating system are prototypical examples of the gift economy’s prominence in the technology sector and its active role in using permissive free software and copyleft licenses, which allow free reuse of software and knowledge.

Essentially the line of thought is that open source software is an example of mutual aid and the gift economy.

Why would you hate someone for their beliefs? Is it really such a bad thing to hope and advocate for a future where government doesn’t control the value of your money?