From: jxnshi Date: Mon, 13 Jan 2025 19:20:11 +0000 (+0100) Subject: Update writing X-Git-Url: https://jxnshi.xyz/repos?a=commitdiff_plain;h=6d8b01b88e42449a3450b6dc4ed4e0e485f5d7ae;p=jxnshi.xyz.git Update writing --- diff --git a/public/writings/a-socialist-love-letter-to-cryptocurrency.md b/public/writings/a-socialist-love-letter-to-cryptocurrency.md index 8b68720..5548f50 100644 --- a/public/writings/a-socialist-love-letter-to-cryptocurrency.md +++ b/public/writings/a-socialist-love-letter-to-cryptocurrency.md @@ -1,5 +1,9 @@ # A socialist love letter to cryptocurrency. +Time of publishing: N/A + +## Introduction. + At the time of writing, I'm still very much a newbie when it comes to politics, but I know for a fact I'm a socialist. You might also have seen I accept Monero donations, showing my liking towards this cryptocurrency. So why? Why do I like @@ -14,6 +18,8 @@ currency in itself might not even be a part of it. All that to say, I will be talking about cryptocurreny in our current economic system, which is, a capitalist one. +## Problems with banks. + Let's get into the meat of it. For the average person, their way of storing money is through banks. I have several problems with banks. @@ -39,6 +45,8 @@ With that, I've shown the power banks have over our money. Before talking about how cryptocurrency solves that, I will talk about what I think a good cryptocurrency is. +## Good cryptocurrencies. + As you might have seen in the title, this is a love letter to cryptocurrency, as in cryptocurrency as a concept. This is though, not very accurate. Cryptocurrency is a very broad term and it includes cryptoccurencies that I @@ -66,12 +74,16 @@ me at all. Looking at the current ecosystem, you might realize that not a lot of cryptocurrencies meet those criteria. In fact, to my knowledge, the only good -cryptocurrency is Monero. Even Bitcoin, the original cryptocurrency, is not. -Bitcoin, even though it was founded on a good midset, it does not serve the -purpose of cryptocurrency nowadays. Bitcoin is not a currency but an asset. The -vast mojority of other cryptocurrencies just being scams or tech-centered -projects that go beyond the original purpose of cryptocurrencies. +cryptocurrency is Monero. Even Bitcoin, the original cryptocurrency, is not a +good cryptocurrency. Bitcoin, even though it was founded on a good midset, it +does not serve the purpose of cryptocurrency nowadays. Bitcoin is not a currency +but an asset. The vast mojority of other cryptocurrencies just being scams or +tech-centered projects that go beyond the original purpose of cryptocurrencies. From now on, when I will talk about cryptocurrencies, asume that I'm talking -about good ones. The bad ones having no value for me at all, I won't be +about the good ones. The bad ones having no value to me at all, I won't be defending them. + +## Problems with cryptocurrencies. + +