Crypto instantly feels like a scam to me.
this post was submitted on 28 Apr 2024
-46 points (23.9% liked)
Memes
45635 readers
1377 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
XMR is one of the few honorable crypto projects out there though.
However this fundraiser is suspicious and spamming, which I do not condone.
Monero is still proof of work isn't it, hard to call that ethical.
It might not be as environmentally friendly as POS (Proof of Stake),
however it's much more secured against attacks.
POS only has a few hundred validators that need to be attacked.
POW needs tens of thousands if not more miners that need to be attacked.
Imo monetary systems,
should aim for maximum security.
Why using crypto for the donations? Why XMR in particular?