Technology@lemmy.ml • 2 years ago

NFT scams, toxic 'mines' and lost life savings: the cryptocurrency dream is fading fast | David A Banks

www.theguardian.com

19

NFT scams, toxic 'mines' and lost life savings: the cryptocurrency dream is fading fast | David A Banks

www.theguardian.com

Technology@lemmy.ml • 2 years ago

It was supposed to be a financial revolution. Instead, crypto has become an environmentally disastrous gift to con artists, says academic David A Banks

Chat

@ree@lemmy.ml
link
fedilink
3•2 years ago
Honestly one shouldn’t dismiss this side of crypto. The relative ease of transfer is an important technological advancement.

Too bad the rest is riddle with that huge bug : mining reward…
- @guojing@lemmy.ml
  link
  fedilink
  1•2 years ago
  Better mining rewards than wasting more money on bankers.

Technology@lemmy.ml

!technology@lemmy.ml

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.ml

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.

Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.

Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

747 users / day
2.68K users / week
6.76K users / month
15.5K users / 6 months
33.1K subscribers
3.22K Posts
38.8K Comments
Modlog