The whole crypto is a bit of a libertarian joke. The only way the free market has accepted them is via an exchange which defeats the decentralized and anonymous nature of the network. Even then it has failed at being a currency and is really just a speculative asset.
Next you’re gonna say you’re glad you never bought into renewables because some solar inverters were backdoored with cellular modems too
I wouldn’t call solar inverters sold with remote monitoring being ‘backdoored’.
https://www.reuters.com/sustainability/climate-energy/ghost-machine-rogue-communication-devices-found-chinese-inverters-2025-05-14/
Sure, right up until they start using all of your bandwidth acting as a residential proxy to create fraudulent clicks for ad networks.
I’m not sure comparing renewables with bitcoin is the right way to go here. One of these actually provide tangible value, and it’s not bitcoin.
As for physical keys for security in general, I’m a big fan.
Bitcoin is hilarious. The superior Trustless system.
Except everyone accepts Tethers ‘trust me bro’ no audited proof of backing.
Trust the maker of your hardware wallet.
Trust your exchange with your BTC (not your keys, not your BTC)
Trust Satoshi Wallet will never move.
Trust ‘number go up’
This movement takes more faith than those that believe jesus walked on water.
The whole crypto is a bit of a libertarian joke. The only way the free market has accepted them is via an exchange which defeats the decentralized and anonymous nature of the network. Even then it has failed at being a currency and is really just a speculative asset.
Obligatory: https://www.newyorker.com/humor/daily-shouts/l-p-d-libertarian-police-department
Never occurred to me using the “at least it’s not blockchain”-gambit when discussing religion. I’ll keep that on the back burner till next time!