Petition: Bitcoin is Stupid and Does Not Deserve an Emoji

https://lemm.ee/post/38424460

Petition: Bitcoin is Stupid and Does Not Deserve an Emoji - lemm.ee

35 crypto companies made a Change Dot Org petition called “Bitcoin Deserves an Emoji” [https://www.change.org/p/bitcoin-deserves-an-emoji] F that Sign this one instead: “Bitcoin is Stupid and Does Not Deserve an Emoji”: https://www.change.org/bitcoin-is-stupid [https://www.change.org/bitcoin-is-stupid]

crime coin should be banned since its only use case is illegal activity
You can’t ban the roads because smugglers use them

we can ban the crime coin because literally the coiners themselves admit it’s crime coin and that that’s a problem for crime coin

also roads are useful for non-criming and crime coin isn’t

Bitcoin's Ransomware Problem Won't Go Away

By the end of 2019, at least $128 million in bitcoin had been paid to ransomware hackers. That's not good optics for a payment system.

CoinDesk

Yes, I agree there is a stigma around bitcoin because of the amount of scams and ransomware that is around them but I don’t want to delegitimize decentralized currency.

Currently the options are really bad because of the amount of resources they consume and their use as an investment option. I really wish there could be an option to have money outside of government control.

I agree decentralized currency is great.

All I need is some quarters and I can start my laundry without waiting half an hour for the centralized blockchain ledger’s global state to acknowledge the transaction.

That’s true, cash can be a more private alternative to electronic transactions but I also want an electronic counterpart, something with private and public keys. I am not knowledgeable enough on currencies and transactions to know how the system would work
Like gnu taler?
Seems to be what I was suggesting and it doesn’t even need blockchain. Another area that doesn’t need the blockchain I guess