how many elegant takes against crypto will I read and share with glee? at least one more https://www.stephendiehl.com/blog/against-crypto.html
@phire It is sorta elegant but uhm...
1. all currencies including money itself are getting destroyed by predatory speculation. Not just cryptocurrencies. Try housing, comic books, stocks, or bonds.
2. That's an argument against buying gold, not just against cryptocurrency.
It's easy to see why cryptocurrency is bad: because it's effort spent creating something nobody wants. Better to go after speculation in general though and not worry about if it's NFTs or not.
The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!