Your view about the crypto and crypto browsers.
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@AryanDevasagayaum Thieves were never regulated over decades. Why should a so called modern commerce system start to do so?
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@DoctorG But said thieves were punished through law.
edit: Crypto has no protection here. SBF is it was a Bank CEO would be in more trouble now.
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@AryanDevasagayaum Depend on crime and from which social class these come.
Banksters get rarely punished in the EU, they get extra payment. -
@DoctorG Fair enough. But we have the argument of creditors always receiving their money, in my country it is the case, idk in others like the EU
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@AryanDevasagayaum Take a better look at what all fiat currencies are and how inflation is used to steal from the poor to pay for wars. There is nothing real about anybody's dollars. People just believe in them and watch their purchasing power decrease 15 - 20% or more every year. A lot of cryptocurrencies are scams, but some are not. Fiat currencies are all far worse scams. If you want to really understand this, read The Bitcoin Standard by Saifedean Ammous. Despite its title, more than half of the book is about how money and economics actually work. Its easy to read. Be informed!
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@josephj11 , it turns out that many cryptominers are selling their servers in order to pay the bills. A currency that is completely virtual, untraceable with a value devoid of any countervalue or supported by financial/labor entities, is by definition a bubble and a scam that is bound to burst sooner or later.
There is no difference between cryptocurrencies and tulip bulbs in 17th century Holland. How it ended can be seen in any publication on economic bubbles, where the value is raised of something that does not have it.
Try to buy bread with crypto>Laptop Lenovo V145 15AST, AMD A9- 9425 Radeon R5 - 5 cores 3,1 GHz RAM 8GB, GPU 2+1 GB SSD 256GB -Win10 64 v22H2| Vivaldi last stable|
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Why do people think crypto currencies will help the poor getting more money or repair a broken commerce system or do not waste ressources?
That is really irritating. -
@josephj11 said in Your view about the crypto and crypto browsers.:
Take a better look at what all fiat currencies are and how inflation is used to steal from the poor to pay for wars. There is nothing real about anybody's dollars. People just believe in them and watch their purchasing power decrease 15 - 20% or more every year.
There is actually a very good reason for this. Economies work best when people spend money and invest money in meaningful goods and services rather than hoarding it. A slightly inflationary currency is a way to encourage a healthy amount of spending, while still allowing people some space for savings.
Cryptocurrencies that are designed to be deflationary have a problem - no one will want to spend them as they are designed to always go up in value. This makes them functionally unusable in a modern economic environment as anything other than highly volatile storage.
Another benefit of fiat money is that during times of crisis, such as pandemics where you want to actively encourage people to not work, you can print money in order to sustain people through stipends. This is not easily possible under monetary systems which have a fixed value.
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@Catweazle This is pretty much like politics and religion. Let's agree to disagree and keep discussions here about Vivaldi. I can answer you point by point, but it probably won't change your mind and it's way OT for here anyway.
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@LonM That's the standard Keynesian explanation, but once you read a little Austrian economics, it won't make sense any more. The Bitcoin Standard by Saifedean Ammous covers this and many other things in very clear detail and is really worth the read.
Love to discuss this further with both of you - if interested - but not on this forum where it's way OT.
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Hey Vivaldi fam,
Totally get where you're coming from! I hopped on the Vivaldi train for the same reasons – wanted an alternative without the crypto noise. Crypto feels shaky to me too, so I'm on board with Mr. Jon's stance.
Cheers!
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@AryanDevasagayaum said in Your view about the crypto and crypto browsers.:
However, does everyone here agree with this view on crypto?
Perhaps you're asking the wrong question. I don't use Vivaldi because of Jon's personal opinion on cryptocurrency, minimum wage laws, religion, or what-have-you. I use Vivaldi because Vivaldi's a good browser!
Actually, he's not in the habit of publicly sharing his opinion on such matters. I suppose he shared his cryptocurrency opposing because both Brave and Opera had integrated cryptocurrency functions (i.e. cryptocurrency became relevant to browsers).
In short: Jon's personal opinion, and Vivaldi's choice to not include cryptocurrency functions, has nothing to do with my choice to use Vivaldi.
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