this post was submitted on 03 Oct 2023
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[Outdated, please look at pinned post] Casual Conversation
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Aside from fairly limited use doing... let's call them privacy-minded things, a lot of cryptocurrencies are useless bandwagoning at best, highly random objects for speculation in many cases, or obvious, unrepentant pyramid schemes or other fraudulent bullshit at worst.
Cryptobros have managed to completely destroy everyone's patience for it by relentlessly pitching The Next Bitcoin (one of the zillion different ones, that is) every millisecond for years, to anyone not physically resisting it, so... yeah, now nobody wants to listen anymore. Go figure.
Eh who cares about these cryptoschemes really i mean yeah I can understand that. They always were stinking of fraud
Shitcoins they were called iirc
I only love crypto because it evades facist gov. Seems more and more needed as time goes on
But then imo we are heading into cyberpunk reality
Who cares? The people whose opinion you specifically asked about, for starters. That's why I'm mentioning it. You were asking why people are losing their patience with cryptocurrency evangelism: that's the answer. Cryptocurrencies have few "legit" (or at least legit-seeming to most people) uses, and are now mostly associated with crime, fraud, pump and dump schemes and "speculation" (gambling by any other name).
Crypto is a fascists government's wet dream - they can literally follow the chain of transactions, and bitcoin is pseudo-anonymous at best unless you as a user take extra steps to anoymize yourself.