RE: Is Crypto "Dodgy"?

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Do you think crypto is "dodgy"? How have you countered the arguments that "crypto is dodgy" in your conversations with others? Let me know in the comments below!

Monero :)

Privacy coins in general.

Wasabi wallet and other blenders.

Extreme libertarianism.

Scams galore.

Retarded shillers, chartists and money magicians.

Yeah, there are definitely dodgy elements. The cryptographic nature can allow people to do things, especially on a scale, that was previously unimaginable.

There is also a lot of good. Nothing is perfect. We gotta work out the kinks and decide what is acceptable.

Anything that is game-changing requires new rules.



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Haha yeah I could have done a whole separate post focusing on the dodgy stuff! Was thinking about doing a two part post but thought I'd keep things relatively short and balanced.

The privacy coins are certainly not going to help with the non-dodgy image but like you said, there is a lot of good out there too. Discerning the different projects and which ones resonate with you can be a challenge but most, if not all, will likely start off with BTC if they even get that far.

I guess it also depends on who is introducing crypto and how dodgy they are too. Haha, there's a lot of factors really 😂

How are you doing any way mate? Hope you're keeping well

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Yeah, I think the community needs maturing more than anything. The people who are concerned about KYC deserve their own space, but that's going to be a dodgy space.

The important part is I kinda know what I'm talking about and I don't want a consultation fee or plan to shill anything. I generally tell people to only buy BTC or invest in funds until they know what the hell they are doing. Yeah okay, if they blog ~ Hive.

I'm doing great. I've just been busy and don't blog as much as I used to. I'm trying to get back into reading and commenting. I need to set up the new favourites feature so I can only favourite the blogs I read and don't need to unfriend authors I support but don't really engage with.

I hope you are doing alright too. UK seems to be in a shitstorm recently.

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Yeah still a way to go for things to be mature but BTC is getting there with the institutions coming in, wonder how far they will filter down to other crypto assets or if they will just stay in BTC? I agree with what you say about the anti-KYC brigade!

Again, pretty much agree with you're approach as well - that's what I do, talk about BTC because people have heard of it. Might talk about ETH too but outside of that, no-one knows or cares but I've mentioned HIVE and LEO as places to blog, learn and earn before but a lot are thinking of "number go up" and their eyes light up at the thought of getting rich quick... I usually deflate that thought train as quickly as possible!

Glad to hear you're doing ok and taking the easier route, posting often can be a bit intense but I've come back from a 2 week break and finding it good fun again. Probably just going to pace myself in 2021 rather than go all guns blazing again but enjoying using LEO and sharing my knowledge and some of my experiences here!

Oh yeah, we're in deep shit here! Total lockdown again and that's probably going to be the case up until April. There's "2 new variants" here apparently and they are spreading like wildfire so I'm just keeping my head down and living in solitary confinement (although nothing new there haha)! Doing what I can to stay safe and keep others too by not going out unnecessarily and following the rules. Might as well earn some crypto whilst I'm staying inside and not running/hiking!

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