BTC has reached $100,000!
I remind you, BTC holders, that E Foundation @e_mydata can receive donations in BitCoin and BitcoinCash (link in comments 👇👇👇)
This support pro-privacy /e/OS smartphone OS development!
For big donations, or other cryptos (ETH, Monero), you can DM me to arrange the donation.
And of course, you can also donate in fiat money (€, $)
@gael @e_mydata @bitcoin @CryptoD0n @BitcoinCashTV
I never buy, contract, donate or help anybody who has anything to do with cryptos.
It's a red line for me. They are deeply unethical, and are bound to create a new global finance crisis.
Please stop helping the enemy.
@jgg @e_mydata @bitcoin @CryptoD0n @BitcoinCashTV OK. I hope you don't own a fuel car in that case.
@gael @e_mydata @bitcoin @CryptoD0n @BitcoinCashTV
Funny that you ask for an environmental issue, when I didn't even mention that.
Cryptos are bad for the environment, of course, but that's only the tip of the iceberg.
Money laundering, tax evading, risk of losing all our pension funds are real issues.
And there are even more.
@jgg @e_mydata @bitcoin @CryptoD0n @BitcoinCashTV But the most of money laudering and tax evading today and for the past hundreds years has been using fiat money, not crypto. Crypto is just a technology, a tool. Then you have people, some with good behaviors, others with bad behaviors.
@gael @e_mydata @bitcoin @CryptoD0n @BitcoinCashTV
Nearly all ransomware attacks ask for cryptos for a reason.
Dark web business are made in cryptos for a reason.
I don't have hard data about how much laundering or evading are made in fiat vs crypto (does anybody?), but it is clear that these are much easier when done in cryptos. Fiat money have much more controls by banks and governments, so they are much harder to use by criminals. Of course, they can use bank notes, but they are much harder to hide, store or transfer than cryptos.
Speculators are another serious issue. Crypto investments are already poisoning finance, with products that are much, much more volatile than the financial products that caused the 2008 crisis. History repeats itself.
Yes, they are just a tool. A tool which has too many evil uses, and no advantage over fiat money, AFAIK, beyond avoiding paying for currency exchange.
