35 crypto companies got together to make a change dot org petition called “Bitcoin Deserves an Emoji”.
F that
Short reminder that Bitcoin was created as a reaction on the world finance crisis and to allow people like Assange to receive donations, because PayPal and similar just blocked them…
That does not mean that Botcoin is perfect, but: If the alternative system was perfect, there was not bitcoin.
Now, do we need an emoji? I don’t care TBH…
No! Bitcoin is a scam created by scammers! Don’t look at state currencies!!! \s
This is like saying “laws aren’t always enforced equally, so we should have no laws whatsoever”. Bitcoin is not a helpful response.
I think, whether it’s helpful is an individual decision. E.g. for people in Turkey, it’s a lot more stable than their own currency. Same logic for probably dozens of other countries…
Maybe, it’s not useful for you, but that’s OK. No one is trying to replace your currency with it and force you to use it.
Bitcoin’s “value” in USD terms has dropped ~20% in the last few days, so I’m not sure we can call it ‘stable’
In 1998 the USD fell like 20% vs the yen, currencies don’t always stay the same value vs. other currencies
Bitcoin regularly loses 85% of its “value” vs USD
85%
This has happened multiple times
The swings were bigger when the market cap was smaller, this is usually the case. The market cap of the yen is much bigger still.
Turns out you’re right, BTC price only went down 77% from the 2021 peak, my mistake /s
Turkey’s currency dropped 83% in the last 5 years and 94% in 10 years (per USD). And by the way: It dropped and did not rise the same amount ever again…
Why can’t we just agree that different people might have different views whether it’s useful for them?
Is it more stable compared to USD? No. Is it more stable compared to dozens of other currencies? Yes.
I think, there are very good arguments against BTC, for example the energy consunption… But whether it’s too risky for you or not… That’s highly subjective IMO. There is no country on this planet with only BTC as official currency. So, no one is forced to hold 100% of their total money in BTC.
So the argument is no longer “Bitcoin provides stability” or whatever, but instead is, “it’s no more unstable than the world’s most unstable national currency”?
Emoji? Why not unicode character like $ or €?
Edit: Dear OP, please stop popularizing these ₿rat’s marketing ideas
₿ like this?
That actually makes sense, that’s why
Like this? ₿
If boobs don’t have their emoji, bitcoin doesn’t deserve it either!
Cryptocurrency is speedrunning ruining everything. We might as well have a laugh at the cryptobros’ expense in the meantime.
I loved the concept at first, the idea of a decentralized currency all handled by encryption, and transactions permamently stored in a public ledger for all to see.
Then the cryptobros and the scammers caught wind of it and it’s all downhill from there.
If you want the name of a payment techology that isn’t snake oil, isn’t blockchain-based, isn’t a cult, doesn’t claim to be a currency, doesn’t work on proof-of-work or proof-of-stake, but actually does provide certain privacy guarantees for your basic purchasing needs, is cryptographically secure, and can be used with only FOSS, I recommend looking into GNU Taler.
The only downside is that it’s not really supported anywhere at all yet. But I do hope it becomes a real thing some day.
Thanks, I’ll read on it :)
isn’t blockchain-based, doesn’t work on proof-of-work or proof-of-stake
These things weren’t introduced as a gimmick they are used to solve specific problems.
GNU Taller is pretty fragile, though. One bank issues unbacked tokens and the credibility of the whole system goes down the drain. It’s the current financial system, just rebranded. Also, it promotes taxation which automatically makes it a cult & scam.
One bank issues unbacked tokens
- The Taler protocol has bank auditors built-in.
- Your hypothetical would just as much apply to existing debit cards.
- Unbacked tokens. You mean like Tether? (Let alone Terra.)
Also, it promotes taxation which automatically makes it a cult & scam?
The fuck? How does Taler “promote taxation?”
Fuckin’ Libertarians.
Unbacked tokens. You mean like Tether?
Exactly like Tether. USDT was never backed 1:1 by USD. They don’t even try to deny it anymore. They admit it’s backed by “various assets, including BTC”, which smells like a market manipulation.
How does Taler promote taxation?
“Customers can stay anonymous, but merchants can not hide their income through payments with GNU Taler. This helps to avoid tax evasion and money laundering.”
Thank you for being honest about being pro-tax-evasion and pro-money-laundering.
Please describe how I can send the money to my mom in Russia (disconnected from SWIFT) with GNU Taler today. I’ll wait.
I don’t know how I could possibly have been more explicit about it not yet being ready for any real-world use cases than I was.
It will never be ready. It doesn’t even make sense. To transact with real fiat like the US dollar, you’ll have to go through an official on-ramp and an off-ramp of the respective government. And to do an international transaction you’ll have to use one of the widely accepted systems like SWIFT. GNU Taler doesn’t appear to address anything like that. Anyhow, my comment was made with the premise of this whole thread in mind, i.e. “Bitcoin is stupid” or “snake oil”. Yet there’s no alternatives to what crypto provides. So is it that stupid after all?
How wasteful!
Anyhow, today I’m going to resume using a currency backed by oil and nukes, which encourages consumption on purpose. I will then either exploit workers by investing in a for-profit business, or get poorer.
But someday, in the future, economics will work the way I expect them to. That’s when I’ll switch to something better!
Russia has had oil and nukes and it didn’t stop the ruble from collapsing in the 90s
Maybe reexamine your assumptions
lol the downvotes. your mom is clearly evil and doesn’t deserve any money
I liked the idea for awhile as well. But for me, learning about the “proof of work” underpinning is what changed my mind. That - and the fact that cryptocurrency does not actually have any of the strengths that it claims to have. It’s definitely and interesting idea… but in practice it’s all just scams and incentivised waste.
That’s interesting. I’ve initially written it off as a scam. Until I’ve learned about the proof-of-work.
Did they or did a bunch of media get pushed that told us all what these crypto bros were doing like shitting on beaches and taking our jobs.
Seriously though I’m picking up on a trend that a lot media has a greater influence on opinion then I’ve ever seen before
I would rather point my finger at wall street or financial institutions not at the tools that offers a viable option to avoid these
Suggestion: We do with the Bitcoin emoji what people did with the eggplant emoji. The B stands for butthole. So now we can do [eggplant emoji] [bitcoin emoji].
I’m sure the TOTALLY NOT HOMOPHOBIC tech bros will love it.
We must do this if it happens.
#bitcoinscam #tetherfraud
Proprietary money is a scam.
Lack of emojis and also having an emoji are both good for bitcoin.
Being stupid is good for bitcoin too, probably.
How is it like to have nothing going on in your life so you create a petition about emojis?
Uh oh guys, we got a salty bag holder 😂
They edited their post about an hour after you replied. Just a heads up.
Thanks. Although to be honest I’m not sure what their edit was - does Lemmy not have a way to view a post’s edit history?? Seems like a problem…
I don’t think so, presumably mods can.
It was a mistake that the Unicode people started to add emoji of their own at all ever in the first place.
My understanding is that emoji were originally added because they existed in other preexisting standards. They should have kept it at that. Now we get public discussions what concepts are important enough to “deserve” emoji, which is a stupid, pointless discussion that could have been avoided if they had not started doing that. We were able to communicate just fine before emoji were a thing.
I disagree with your opinion.
I think I should post a 1000 word essay about why I dislike the merman emoji.
If we’re not getting an asshole emoji this will suffice.
It’ll make it easier to filter out spam. If it contains this emoji, delete it.
Stupid indeed.
