this post was submitted on 08 Dec 2024
177 points (84.7% liked)
Technology
60346 readers
6639 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Most of these things are only true for bitcoin. Basically every other cryptocurrency is way more efficient, instant, and has extremely low fees. Bitcoin had a bit of a hostile takeover a few years ago because companies that run bitcoin exchanges wanted to incentivize their own alternatives where the exchanges could pocket more of the fees, and almost every problem in crypto now derives from that takeover.