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diff --git a/org/blog/articles/current-state-of-crypto.xml b/org/blog/articles/current-state-of-crypto.xml index 9f2982a..3a0b61a 100644 --- a/org/blog/articles/current-state-of-crypto.xml +++ b/org/blog/articles/current-state-of-crypto.xml @@ -1,4 +1,5 @@ <article> + <h3>Why crypto sucks</h3> <p> There are two types of crypto users: the peep who wants more privacy and the libertarian. The libertarian makes life harder and worse for the peep @@ -30,10 +31,52 @@ and get a good laugh in. </p> - <h3>Trading</h3> + <h3>Trading and investing</h3> <p> - This is the main thing most people seem to think crypto is for. People - trading it without ever using it to buy and sell anything besides other - cryptocurrencies. + This is the main thing most people seem to think crypto is for: trading it + without ever using it to buy and sell anything besides other + cryptocurrencies. It only manages to make crypto more unstable and less + usable as a currency. For years it was the libertarian dream to completely + cut out real resources and real production of goods and services. A + simulated economy that somehow manages to bring real money into their fat + wallets is what they wanted, one that just like capitalism outside + cyberspace starts out in a state where even your average joes are making + money but as shittification takes hold all the money only makes it into + wallets that are already fat. To most this seems like a mistake but the + libertarians designed it that way and wouldnt want it any other way. + </p> + + <h3>Crytpo brokers</h3> + <p> + This is what made me to decide to write this blog in the first place. I was + using coinbase to get some bitcoin so I can hop on p2p networks to get some + monero. Normally this works fine but coinbase randomly went "fuck you!" and + started throwing error messages at me when sending bitcoin. Tried to + withdraw same deal. Used their resources to find out why this was happening + but their piece of shit chatbot wouldnt do much. When I asked for a real + person it "upgraded" me to a slightly better chatbot. Decided to look into + it and found out most of the big <i>"trustworthy"</i> brokers will lock up + during times trades will not be in their favor. They often do this simply + by bricking their site when a trade they dont like happens. These types of + brokers often use KYC to decrease privacy. p2p networks can solve this + though you often have to already have some crypto to use them. + </p> + + <h3>Monero, the only decent crypto</h3> + <p> + Unlike all other cryptos monero is kind of usable for actually buying and + selling things. Its a bit more stable and faster. Its designed to fuck over + gpu mining and force people to mine on cpu instead to prevent the mining + madness of most crypto. If you want a private currency monero is the only + half decent option. Its still not perfect but in a world where FUCKING + TERRIBLE is the norm half decent is a blessing. + </p> + + <h3>To sum things up</h3> + <p> + Like most things in this world crypto was fucked by libertarians. Though if + they werent fucked crypto as we know it is still just a reaction to the + nightmare we call national currencies and banking. This is why we cant have + nice things ): </p> </article> |