this post was submitted on 14 Aug 2025
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[–] Alphane_Moon@lemmy.world 5 points 1 week ago (39 children)

There are only two good use cases for crypto:

  1. Financial speculation
  2. Criminal activity and fraud
[–] cupcakezealot@piefed.blahaj.zone 5 points 1 week ago (11 children)

sad thing is that it could be great as an alternative to mastercard/visa but crypto fash have just ruined any attempt to make it appealing to anyone other than crypto fascists.

[–] Alphane_Moon@lemmy.world 4 points 1 week ago* (last edited 1 week ago) (5 children)

You don't need crypto as an alternative to MasterCard/Visa. There are multiple national payment systems that de facto work on a public benefit basis or offer no fees or very low fees.

One major example is India's UPI:

https://en.m.wikipedia.org/wiki/Unified_Payments_Interface

Even in a medium sized developing country like Ukraine, I can send anyone money (P2P, business payment, business transaction) with minimal or no fees on a near instantaneous basis off my phone.

I am not on top of recent payment infrastructure developments, but from memory this is relatively common.

No need for scam services like PayPal, Venmo.

And this has been avaible for half a decade minimum (was living in another country before then).

[–] DSN9@lemmy.ml 0 points 1 week ago (1 children)

Sure sure, is it a sound, decentralized bottom up monetary network built by the people for the people on cryptography rails on an uncensorable network?

[–] Alphane_Moon@lemmy.world 1 points 1 week ago (1 children)

bottom up

built by the people for the people

Love your style!

[–] DSN9@lemmy.ml 0 points 1 week ago
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