Montenegro has LARPing brownshirt cops too, eh?
What?
Crypto
Fraud
Name a more iconic duo
Trump
Epstein
Repulican
Pedophile
Maybe?
There are only two good use cases for crypto:
- Financial speculation
- Criminal activity and fraud
What about paying for censored games?
What about it?
It’s a 3rd use case.
No, it’s not a viable use case.
Developers of such games what the broadest market possible and consumers want easy accessibility and stable updates/support.
The groups outlined above are interested in the product and not promotion of some cryptocurrency.
Both these goals are best served using real currencies, not monero. Such payment systems (using real currency, aimed at content with erotica/porn) are widely available and haven in use for 30+ years.
If you don’t want to deal with such payment systems directly (e.g. setup an LLC and other such matters), there are multiple easy to implement distribution approaches that one can launch in ~15 minutes.
This is why I don’t trust crypto promoters.
You would use real currencies for everything except the transfer. The consumer only sees USD. The provider swaps back to Fiat as soon as necessary.
The use case is enabling payment over the Internet while avoiding traditional, censoring providers.
Couldn’t those transactions be cut off at those swapping points to fiat? I assume if a bank doesn’t support a business directly transferring funds for a particular purpose then they’d take issue with indirectly transferring funds for the same purpose and would work to close those accounts.
This does not make sense.
What you’re saying is that it’s impossible to buy porn/erotica online without monero. This is clearly wrong.
You most definitely could do that before blockchains were a thing.
I’ve always maintained that the dude who spent like 10,000 Bitcoin to buy a pizza was the first and last legitimate use of crypto.
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.
As I understand it, cryptocurrency funnily enough works awfully as a means of transaction, because the amount of processing power required to make transactions is ridiculously high.
Only for PoW crypto.
If a cryptocurrency concentrates into the hands of a few, as assets tend to do in capitalism, then wouldn’t proof of stake mean those few control the cryptocurrency anyway?
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).
the venn diagram of crypto nerd assholes and tiny dicks is a circle.
I’m up 192% for the year, so I’ll take the tiny dick jokes. Admittedly the signal to noise ratio is pretty awful, but the assets themselves can be smart investments.
Sexist.
