@stevestreza granted, #Ehtereum and all the other #Shitcoins are just inexcuseably bad

  • #Monero being the "least worst" because they are at least consistent and principled at preventing #NFTs and #SmartContracts to be possible becaise they actually want their cryptocurrency to be a means to pay, not a #Shitcoin.

#Solana and Ethereum showed everyone that #ProofOfStake means diddly piss when it comes to resource utilization.

  • Also nowadays the #CryptoBros have leveled up & tripled-down as they don't go for individuals anymore, but banks and institutional investors.

@JuxGD those are some good questions re: #Monero.

1. Obviously #XMR doesn't fluctuate extremely hard (it does have some peaks, but for the most part, it's pretty stable)

2. #Monero is in fact less harmful than all the other #Shitcoins by virtue of being anti-ASIC and running best on consumer devices.

3. All #capitalism is #unethical, but Monero being the closest to #DigitalCash makes it better than any #Shitcoin and allows #Sexworkers and others #discriminated and #debanked to recieve money.

@cryptadamist @davetroy @Powerfromspace1 @davidgerard I'm still waiting for @signalapp if not @Mer__edith to apologize for the #MobilCoin #shitcoin #scam that was done under #Signal's brand...

Cuz that shit is as useless as #BoredApe #NFTs and not even #CoinGecko has any info where one can get this garbage...

#rant #vent #Signal #CryptoBros

We Tried Signal's MobileCoin So You Never Have To...

YouTube

@cryptadamist @davetroy @Powerfromspace1 @davidgerard OFC #Telegram is involved in that #Shitcoin, tho @signalapp did their own Shitcoin (#MobileCoin) first and has a evidently worse experience per my own testing.

The only use-case I've seen for #TonCoin is a paywalled circumvention of #PhoneNumber requirements, and I'd rather recommend people to "obtain" an anonymous (e)SIM and cheap throwaway phone for cash to circumvent that than jumping through hoops to obtain some shitcoin one can't even exchange...

#rant #tech #Enshittification

@anhdres personally, I think any other #Cryptocurrencies eare just #Shitcoins.

#Crypto #Shitcoin #tech #privacy #PostPrivacy

Meanwhile #Monero takes a #noice #blaze, crossing €420,69 exchange rate.

  • I just feel sad cuz I didn't have the €€€ to buy in when it was less than €5. So no, I don't have any myself. 2nd biggest missed oportunuty (1st one I couldn'd when #Infineon shares were 6¢ I was under 18 so I couldn't just 'YOLO' like €50 into those)…

Here's the #App. It uses #CoinGecko's #free #API and pulls data straight form their site.. It's OFC available on @fdroidorg……

#NotFinancialAdvice OFC, but the a "#criminalization" attempts with #delistings show that it works

So yeah, if anyone of you folks out there use Monero, don't forget to use @torproject / #Tor as well and #RunYourOwnNode! *

  • Not to mention Monero per very concept can't do #NFTs and other bullshit and the developers actively removed any past option to abuse it for that (i.e. tx_extra field) because #privacy and #security is what it does best!

Cuz it's an actual #currency for #payments, not a shitcoin to #gamble!

#LineGoesUp #Cryptocurrencies #Shitcoins #NotFinancialAdvice

Against #PopularBelief, #ProofOfStake is quite often even worse than #ProofOfWork when it comes to #Cryptocurrencies.

At least unlike #Bitcoin these #PoS #Shitcoins don't do #ASIC|s and thus create a shitton of #eWaste.

  • A dedicaded server 'abused' for that workload can still be used for proper computing!

It's just absurd that these businesses burn through #NVMe-#SSD|s and saturate Gigabit-NICs...

  • Meanwhile the next #scam - #bubble ("#AI") is being rode through the town and shoved into everyones' faces despite explicitly refusing to #consent!

https://www.youtube.com/watch?v=YQ_xWvX1n9g&t=1629

#Cryptocurrency #Enshittification #CryptoBros #PoW #Shitcoin #WTF #IT #Greedflation

Line Goes Up – The Problem With NFTs

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@heiseonline #GNUtaler nutzt keiner, verkauft keiner und akzeptiert keiner.

Ich bleib dabei: alles außer #Monero sind #Shitcoins!

#GNU #Vapourware #Cryptocurrency #Cryptocurrencies

@xz @simplex I didn't even waste the time & traffic because #Buterin has a massive #ego and #Ethereum is just a #Shitcoin I din't want to deal with!

  • Not to mention his control over it makes it IMHO even more centralized than #Bitcoin and almost all other #Shitcoins.

Only #Solana is a bigger pain to setup and maintain and really shows how #ProofOfStake can be more resource-intensive and wasteful than #ProofOfWork (espechally when compared to #decentralized, Anti-#ASIC options that are superior like #Monero)…

Kevin Karhan :verified: (@kkarhan@infosec.space)

@simplex@mastodon.social thanks but no. I get paid to deal with his technology on a regular basis, and I regret it…

Infosec.Space