• deathbird@mander.xyz
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    2 months ago

    I truly don’t understand how Visa/MasterCard/etc can be pressured. They are basically infrastructure.

    What’s someone going to do, stop using credit cards if they don’t stop a store that person even patronize from selling morally hazardous goods?

    I don’t get how these campaigns are even effective.

      • RedFrank24@lemmy.world
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        2 months ago

        That’s because 90% of cryptocurrency marketing consists of “THINK OF THE GAAAAAAINS YOU CAN MAKE!” instead of “You can use this to buy things without government censorship”.

        The entire crypto industry has based itself around being a speculative asset, not a currency.

        • sugar_in_your_tea@sh.itjust.works
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          2 months ago

          Which is really unfortunate. If you avoid the most popular coins (Bitcoin, Ethereum, etc), you avoid most of the scams and speculation and end up with a decent currency that respects your privacy and has low fees.

            • sugar_in_your_tea@sh.itjust.works
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              2 months ago

              Monero is perhaps the best option imo. Here’s the official page about it, but basically:

              • not profitable to mine, so most miners are enthusiasts who want the coin to succeed
              • privacy-focused - basically creates a ton of fake transactions to mislead snoopers
              • relatively popular - seems to be the most popular coin recommended by privacy enthusiasts (e.g. Mental Outlaw, he even gives a discount on his store for Monero)
              • not popular among speculators - they mostly stick to the big ones (BTC and ETH), as well as new startup coins
              • low cost transactions, fairly short transaction window

              It’s far from ubiquitous, but it’s popular enough that if a place accepts any crypto, there’s a good chance they accept Monero as well.