this post was submitted on 12 Aug 2024
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[–] lemmytellyousomething@lemmy.dbzer0.com 4 points 4 months ago* (last edited 4 months ago) (9 children)

And for donations to Wikileaks, we don't want the government to be able to reverse or block them. That's what PayPal did with then before Bitcoin was invented.

I don't think that Bitcoin can or should replace the current system, but it can be an addition for rarer cases.

But yes: Most of the other blockchain stuff is just completely useless and therefore not used.

[–] SkyeStarfall@lemmy.blahaj.zone 3 points 4 months ago (8 children)

Crypto actually is really useful for evading the law, yes, and so it's good for donating to underground organizations (or to buy drugs or illegal services)

But that's about the only real use-case as far as I can tell

[–] Glasgow@lemmy.ml 1 points 4 months ago (2 children)

Alternative monetary systems that allow local communities to create elastic money based on trust or assets.

[–] SkyeStarfall@lemmy.blahaj.zone 1 points 4 months ago (1 children)

If you can rally a local community behind you, it's better to look beyond the limitations and negative influences of money

[–] Glasgow@lemmy.ml 1 points 4 months ago

Well that’s what an alternative monetary systems are.

Like local exchange trading systems with a local currency.

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