I’m talking specifically in the context of types of cryptocurrencies most cryptoheads are fans of. These don’t apply to things like China’s Digital Yuan.
In no particular order:
Horrible for the environment.
Is partly responsible for the ongoing hardware shortage and scalping epidemic.
Super capitalistic. Playground for investors, essentially giant virtual casinos. Most cryptoheads seem to be fixated exclusively on the idea making quick money without having to do any actual work.
Riddled with outright scams.
Unregulated, extremely unstable, and therefore almost useless for real financial transactions.
I’m talking specifically in the context of types of cryptocurrencies most cryptoheads are fans of. These don’t apply to things like China’s Digital Yuan.
In no particular order:
Horrible for the environment.
Is partly responsible for the ongoing hardware shortage and scalping epidemic.
Super capitalistic. Playground for investors, essentially giant virtual casinos. Most cryptoheads seem to be fixated exclusively on the idea making quick money without having to do any actual work.
Riddled with outright scams.
Unregulated, extremely unstable, and therefore almost useless for real financial transactions.