𝙻𝙴𝚅𝙸 :v_bi: :tux: (@levi@mementomori.social)
mementomori.social
Attached: 4 images It's really unfortunate to see that @simplex@mastodon.social go the Tokenization/NFTs route to fund the project, and also choose Ethereum (which was 70% pre-mined by it's developers), inventing your own coin doesn't suddenly give it value (no matter what restrictions you place on it) not trusting the operators means you don't want to let go of control, you want a Token that only YOU can control, I'm not saying it's easy.. And I'm not saying I have the solution, but this ain't it. #privacy #crypocurrency #ethereum #NFTs #tech #tokenization #blockchain #encyption #messaging #technology

It’s really sad to see SimpleX goes the shitcoin route to try and fund their project, Ethereum is not ethical as I briefly explained in this post

Now is a perfect opportunity to fork the project with I2P and add Monero as the payment option both for people to transact and fund the developers and I2P operators

    • Sonalder@lemmy.ml
      9·
      10 days ago

      I mean you cannot fit Monero in the same bucket as the rest of the cryptocurrencies. No foundation, no company, no VCs, no pre-mined, CPU-based PoW, no major on/off ramp accepting it but still a strong currency with real usage outside speculation made by a community of builders. Can be life saving for some high risks profiles and honestly is the complete opposite of the cryptocurrency market, I’m thankful it exists.