35 crypto companies got together to make a change dot org petition called “Bitcoin Deserves an Emoji”.
F that
Proprietary money is a scam.
I agree but I’m not sure BTC fit the definition of proprietary money I’m finding online. How does BTC qualify in your opinion?
Stupid indeed.
You don’t get a new Emoji by creating a change .org petition lol
You need to write a proper proposal and send it to the Unicode consortium: https://unicode.org/emoji/proposals.html. If it gets rejected, it’s four years until you can reapply for the same Emoji.
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Yeah I doubt it’d be approved… I was just saying that there’s an actual process that has to be followed. The Unicode consortium aren’t going to care about a Change .org partition that gets maybe 20k signatures at most given billions of people use Unicode and they’ve got proper processes to go through.
Overnight a terrible proposal on the first day, get it rejected for everyone for four years
(I know they’d look at others)
Duh, it’s stupid. Bitcoin is the snitchcoin. Broadcasts all details of all transactions, everywhere, always, forever.
Monero.
You have to do some mild gymnastics to buy monero here but yes this is what I use for sensitive transactions too.
It’s weird because theoretically there is some kind of law that makes it harder to buy it but there are services that let you do it anyway so I am guessing it’s a cat and mouse game.Emoji of a currency used for shady shit is the last thing it needs tho lol, it would be kinda like private tracker putting ad on YouTube or smh
Also your business is none of mine. I have no concerns and you haven’t of mine, thank you very much.
Biz is biz
No but if I’d be doing anything other than piracy I wouldn’t be typing things I am typing even
I am autistically obsessed with niche underground internet things. though that one isn’t really one of them I guess
Right now, sure, it’s just know the guy for it. Or swap bitcoin for it on bisq.network
Emoji of a currency used for shady shit is the last thing it needs tho lol
I agree. 💲💸💵💴💶💷💳💰 should all be removed from Unicode as those currencies are used for shady shit. /s
Touché
Bitcoin Lightning fixes this. Monero built its first layer with this assumption, and now it’s impossible to check if there has been an inflation bug like the Value Overflow Incident.
When (not if) there’s an inflation bug, the attacker will be able to sell his free XMR indefinitely.
No. It doesn’t change any of that. It’s still trackable %100
Lightning payments are onion routed, like Tor traffic.
Still not close to the same. That’s borrowed functions on one chain. Monero is triple encrypted. You crack one and you got no time left before the next chain flips the whole shebang.
Monero is triple encrypted. You crack one and you got no time left before the next chain flips the whole shebang.
If monero is using sane, modern encryption algorithms, “triple encryption” doesn’t really get you meaningfully more security.
It already takes an insane amount of time to brute force good encryption algorithms, so if people are cracking your encryption, they’re doing it via some vulnerability/flaw/exploit in the algorithm which allows then to crack things much faster than brute forcing. If you use the same encryption algorithm for all three layers, you just have to exploit it three times instead of one, which isn’t really adding any difficulty to a competent attacker.
What if you use three different encryption algorithms, you may ask? Well, that’s even worse because you’ve now tripled the attack surface of your encryption scheme.
That’s not at all addressing a single thing over what goes on in Monero. You either get it or you don’t and you just don’t. Go read more, yacky.
If you’ve got some articles handy, feel free to link them. My searches aren’t finding anything about Monero’s “triple encryption”.
It’s not close to the same thing, but definitely not trackable 100%, and comparable levels of privacy. Having less elegant code doesn’t change that. If you’d like, we can perform a test in which I make a lightning payment and you track it.
I don’t think it’s likely that an attacker can crack even your first layer of encryption in the time it takes for a transaction to propagate and settle.
You don’t get it and i ain’t here to explain what there already exists well made such for understanding.
I don’t even get that sentence!
Short reminder that Bitcoin was created as a reaction on the wirld finance crisis and to allow people like Assange to receive donations, because PayPal and similar just blocked them…
That does not mean that Botcoin is perfect, but: If the alternative system was perfect, there was not bitcoin.
Now, do we need an emoji? I don’t care TBH…
I don’t mind a system like bitcoin existing but bitcoin itself has way too many problems to be useful and actually is detrimental to the environment. It takes way too long to process a transaction, it is massively energy intensive for what it is, and it’s been hyped up like the Californian gold Rush.
Sure it was created to solve a problem but it doesn’t actually solve that problem very effectively. It also introduces an infinite number of new problems that no other currency system has ever experienced.
It also introduces an infinite number of new problems that no other currency system has ever experienced.
Infinite problems, eh? Can you name like 10?
This is like saying “laws aren’t always enforced equally, so we should have no laws whatsoever”. Bitcoin is not a helpful response.
I think, whether it’s helpful is an individual decision. E.g. for people in Turkey, it’s a lot more stable than their own currency. Same logic for probably dozens of other countries…
Maybe, it’s not useful for you, but that’s OK. No one is trying to replace your currency with it and force you to use it.
Bitcoin’s “value” in USD terms has dropped ~20% in the last few days, so I’m not sure we can call it ‘stable’
In 1998 the USD fell like 20% vs the yen, currencies don’t always stay the same value vs. other currencies
Bitcoin regularly loses 85% of its “value” vs USD
85%
This has happened multiple times
Turkey’s currency dropped 83% in the last 5 years and 94% in 10 years (per USD). And by the way: It dropped and did not rise the same amount ever again…
Why can’t we just agree that different people might have different views whether it’s useful for them?
Is it more stable compared to USD? No. Is it more stable compared to dozens of other currencies? Yes.
I think, there are very good arguments against BTC, for example the energy consunption… But whether it’s too risky for you or not… That’s highly subjective IMO. There is no country on this planet with only BTC as official currency. So, no one is forced to hold 100% of their total money in BTC.
So the argument is no longer “Bitcoin provides stability” or whatever, but instead is, “it’s no more unstable than the world’s most unstable national currency”?
The swings were bigger when the market cap was smaller, this is usually the case. The market cap of the yen is much bigger still.
Turns out you’re right, BTC price only went down 77% from the 2021 peak, my mistake /s
Bitcoin is terrible for that though. High transaction fees, slow transaction speeds, everyone can see your balances and transactions (and with KYC requirements it’s very easy to link a wallet and a coin to a person).
Monero is the only digital currency worth having.
No! Bitcoin is a scam created by scammers! Don’t look at state currencies!!! \s
Emoji? Why not unicode character like $ or €?
This is how you end up with weird Unicode characters like 𖡄.
Your comment lead me to this overview:
https://en.wikipedia.org/wiki/Template:Unicode_chart_Bamum_Supplement
Here you’ll find all the evergreens such as these, among many others:
𖠈 𖡠 𖢍 𖢯 𖣞 𖣐 𖤗 𖥓 𖤫 𖧌 𖨰
₿ like this?
That actually makes sense, that’s why
Like this? ₿
How is it to have nothing going on in your life so you create a petition about emojis?
Is the government spreading anti-cryptocurrency propaganda or did lemmy got invaded by idiots recently?
No, people just don’t like crypto because it’s a huge waste of energy that has no use for the average person at the moment and is only used by rich people to get richer without much regulation. Don’t get me wrong, it might definitely be useful when used correctly in the future. Not wasting as much energy by ditching proof of work, becoming actually useful for normal transactions, etc. But right now it’s just an overhyped technology for obnoxious cryptobros.
No, people just don’t like crypto because it’s a huge waste of energy that has no use for the average person
This is actually part of government propaganda to discredit cryptocurrencies.
Lemmy servers consume energy too and half of the content is memes, i don’t see anyone complaining about it.
You can’t begin to imagine just how much energy cryptocurrencies use. A web server can never come close.
A web server can never come close
but AI model training can.
Pretty sure people have been shitting on AI pretty heavily as well, partly for those reasons (but also for several others).
I’m sure meta or google energy usage is up there but i’ve yet to see someone complaining about mr.beast or cristiano ronaldo wasting energy with their videos.
Maybe because people value entertainment more than invisible money that won’t help them anyway.
or more like because the government doesn’t have problems with people keeping themself busy on entertainment vs them using a decentralized and open currency that can bypass financial institutions
I’m pretty sure the government isn’t forcing people to watch YouTube and neither of the people you mentioned are government employees, unless you’re concocting some elaborate Alex Jones-level conspiracy theory.
Yeah because they have a lot of servers. The problem is each individual web server does not use a lot of energy whereas each individual server running a crypto currency blockchain uses a lot of energy for that one server.
I mean…I’ll go one further. I know there have been many historical “aged like milk” quotes, like about how much RAM computers need, but I’m still saying this in confidence: I don’t think that cryptocurrency or blockchains will ever have a useful purpose. Their design is built to solve societal problems, but introduces worse problems in implementing them. This goes well beyond just taking too much electricity.
They already have a useful purpose. Sending crypto is much easier than sending different currencies into different countries. The services exist, but they are prohibitively expensive if you’re sending like $50
Send Monero or something and it’s far easier and faster. You can exchange it for your own currency locally or just sit on it.
Just gonna copy/paste this from someone else’s comment in this thread: https://www.reuters.com/technology/california-dmv-puts-42-million-car-titles-blockchain-fight-fraud-2024-07-30/
So… whoops. That didn’t take long, huh?
Every time one of these articles is posted, I predict a very very short investigation into the technical workings of the project will find that the same could’ve been done with a much simpler central database. Or, that they were actually using a database at the backend and wasting their whole crypto approach.
And we all know technology never changes or improves over time. Good catch.
Technology absolutely improves.
But blockchain is worse. And it’s not close.
no use for the average person at the moment
Bitcoin ≠ cryptocurrency.
Ethereum lowered it’s power consumption by over 99% after switching to Proof-of-Stake.
Bitcoin was the first cryptocurrency and we don’t even fucking know who came up with it.
How about we don’t throw away the possibility of 5.1 Surround Sound Blu-Ray Audio, because wax cylinders sound like shit?
“Computers are cool and all, but they take up entire rooms and only do simple calculations! It’s a complete waste of time and money to invest in such a technology!”
^That’s you
Nah, idiots bring shitty crypto propaganda and pretend it isn’t just an unregulated security pretending to be an alternative currency (that isn’t usable as a currency for regular people) while using more energy than entire nations, all for a giggle with a shit coin.
Are you sure you are not confusing propaganda with ads?
Cryptocurrencies are quite easy to use, the process to create a cryptocurrency wallet is much easier than the procedure required to create a bank account or a credit card and these days cryptos are widely accepted even as a currency.
Are you sure you are not confusing propaganda with what crypto is actually used for?
I don’t care how easy it is to set up a wallet. I cannot take my crypto and go down to the bodega and buy a sandwich. I can’t pay my rent with crypto. I can’t pay my utilities with.
Crypto is not a usable currency for the vast majority of people.
I cannot take my crypto and go down to the bodega and buy a sandwich.
^(but I admit that 95% of the time there is a payment middleman needed to convert crypto to fiat, just like Visa is a middleman)
So what you are literally stating is you cannot use cryptocurrency to pay you need to convert into some other actually accepted currency…
There are ways. Visa has crypto-linked cards for example.
https://cointelegraph.com/news/visa-crypto-withdrawals-cards-145-countries
Also, have you ever been somewhere that is card only?
Before the government enforced credit cards and made them mandatory it would have been really hard to buy a sandwich in bodega with a credit card too. Not sure where you live but these days in most places if you want you can literally pay with all sort of service, they have these big cash registers with the screen that accepts all soft of payment youtubers advertise for.
Crypto is not a usable currency for the vast majority of people.
There aren’t any limits that prevents the majority of people from creating a crypto wallet and using cryptocurrencies
I don’t care how easy it is to set up a wallet. I cannot take my crypto and go down to the bodega and buy a sandwich. I can’t pay my rent with crypto. I can’t pay my utilities with crypto.
There aren’t any limits that prevents the majority of people from creating a crypto wallet and using cryptocurrencies
This is why people laugh at you cryptobros. I literally tell you why it’s not a usable currency and you tell me it totes is.
Go back to speeding up climate change with your fake currency and stop trying to pretend normal people are using it to for anything other than unregulated securities trading.
Go back to speeding up climate change with your fake currency
cryptocurrencies provides an open alternative to a centralized and rotten financial system that is at the core of consumerism and the speedrun of mankind into oblivion.
You practically use the energy output of a nuclear reactor to process transactions. So I think you’re the ones pushing the expediation of the human races extinction. What’s worse is your been obnoxious while doing it.
Yet it still isn’t a usable currency for normal people, and the usage of it is a (gross as well as net) negative to society is directly contributing to, to quote you, the “speedrun of mankind into oblivion.”
This is what the overwhelming majority of people believe. No offense, but were you spending a lot of time on r/Bitcoin?
The majority of people believes what the government makes them believe, so it make sense.
Lots of people on the left don’t seem to like crypto on a fundamental level. A lot of the time they seem like they have a tenuous grasp on the concept, at best, and are just parroting what they heard someone else say. Most of the time they’re projecting their criticisms of Bitcoin onto the entire concept of digital currency.
I consider myself a progressive, and I got some ETH at a good time a few years ago, but I’ve been desperate for an exit point in the market for over a year (fomo feels bad man) because the sentiment for crypto among everyone who isn’t an an-cap or tech-bro hobbyist has been atrocious for some time now.
To be clear, I don’t really care for Bitcoin. It was first, and I appreciate how clever it was, mathematically and such, when it was anonymously put out there. But other than that it’s kind of shit. It’s like saying that wax cylinders are better than vinyl records, or even CDs, because they came first.
I hate that people seem to only have room in their brains for one word for “digital currency,” and it happens to be the one with no real useful functionality, while being an absolute disaster for the environment.
It’s not some kind of panacea, but people are writing off (or actively hating on) some very interesting tech. with actual use-cases like Ethereum or Monero (the former of which reduced it’s power consumption by over 99% after switching to Proof-of-Stake, and the latter does not use ASIC miners and is significantly less resource intensive than BTC), because they didn’t get it perfect on the first try. That said, Monero will never be a good long-term investment because it’s too secure and that scares governments. Monero is like what people (at least used to) think Bitcoin is… That is, anonymous, untraceable, etc. No way that succeeds as an investment, and good luck actually using it as a currency with all that volatility.
I think the concept of a digital currency is here to stay whether people like it or not. I think it makes more sense to push for ones that can potentially solve actual issues and aren’t a disaster for the environment, so people don’t call them all “Bitcoin,” like people do for “Q-Tips”. Probably too late.
If I had to guess, long term, nations will see the writing on the wall and start using their own tailor-made CBDCs (Central-Bank Digital Currency) and it’ll probably suck. They will 100% use it for control and oppression. So that’s some fun stuff to look forward to.
the former of which reduced it’s power consumption by over 99% after switching to Proof-of-Stake
This isn’t necessarily a good thing, there are many arguments against POS. You shouldn’t use non-green energy resources to begin with, if people use these to mine that’s not bitcoin fault.
If we’re not getting an asshole emoji this will suffice.
It’ll make it easier to filter out spam. If it contains this emoji, delete it.
Bitcoin already has a unicode sign, which is plenty. We don’t need an emoji, we need better user access to the full unicode set. (To date, on both mobile and desktop, I have to sometimes websearch specific characters and copy-paste, and not all emoji are displayed on my PC Firefox browser, though it’s better now than last year). Also curiously, the Lemmy website text editor emoji picker only places an emoji at the end of the text, not where the cursor is (and adds a space I don’t want).
The current Emoji library has a frog face, 🐸 not a frog body. That’s a higher priority than a bitcoin. I could see some kind of generic crypto coin, maybe. Maybe.
On a parallel subject, I do think the international community would do well to create a decentralized currency, and I do think blockchain may figure into this, but it needs to be secure and allow for anonymous transactions, and not allow for tampering with the ledger. Bitcoin has failed on all three accounts. We need a better, more robust system, but it seems all current cryptocurrencies are practice, and toys for prospectors and gamblers until we make a robust one.
I absolutely do not want to encourage the ransomware industry.
but it needs to be secure and allow for anonymous transactions, and not allow for tampering with the ledger. Bitcoin has failed on all three accounts.
Lol what? No legitimate bitcoin critics make these claims against Bitcoin. The ledger is immutable and the transactions are pseudo anonymous. In fact your typical bitcoin critic lists these as downsides (“no way to reverse mistakes” and “cannot prevent money laundering”) right after the criticisms about energy consumption.
You legitimately have no idea what you’re talking about.
If boobs don’t have their emoji, bitcoin doesn’t deserve it either!
We have an established tradition to represent sexual characteristics with fruit. 🍆, 🍑, 🍈 🍈.
To be fair, I whenever I go to market and see the eggplants, I feel inadequate. Also in the last decade many of the more classical substitutes have emerged in the emoji library. 🌶️, 🥒, 🥚🥚, 🌮, 🍪, 🎂, 🎃🎃
what’s the cookie supposed to mean?
I think I should post a 1000 word essay about why I dislike the merman emoji.
fighting for bitcoin to get an emoji is stupid, but fighting against it might be even stupider. surely there are more important things to spend your time and energy on. it’s a fucking emoji. who cares?
It would create legitimation and that could further increase its popularity
millions of people who use emojis would constantly see it. It would slowly start to feel more familiar to them and increase its acceptance. If that works, others would try to do the same and we would have every and any company put their logos in. If it doesnt then it doesnt matter that much, but i dont want to risk yet another avenue for corporations to worm into peoples minds.
Personally i dont care about emojis at all but i do care about general mentalspace.
normalizing scams, by laundering their image via standards organizations, pollutes our communications environment. Both an emoji and a petition are symbolic - and our symbols are in fact important.
Bitcoin isn’t a scam. All non-bitcoin cryptocurrencies are scams.
People often hear about stuff like coins that are pre-mined, or proof-of-stake and the schemes and scans that come out of those, and immediately associate Bitcoin with the same thing.
That is also not 100% true. There are several altcoins with fantastic utility. Monero and Ethereum come to mind.
Ethereum has scam characteristics though. The creator Vitalik gave himself time to mine it alone before giving public access. He secured for himself quite a nice stash
That’s true. I suspect the application programming is the only reason that it actually took off.
Exactly. Most cryptocurrencies are scams, but a handful are fantastic. Ethereum is cool for being proof-of-stake (so no high-energy mining), and Monero is cool for being super privacy-oriented. There are a handful more, but honestly, if you stick with Bitcoin, Ethereum, and Monero, you’ll be fine.
That’s pretty much exactly my thought. I hold a very very small amount in Polygon, but only in order to pay the gas fees for the Polygon network. So I never have more than a few US dollars worth in it at a time.
Yeah, I basically just do Monero, and I use it as a spend account and use it anywhere it’s accepted. I don’t invest in any cryptocurrencies because I don’t think cryptocurrencies have positive expected return (it’s all hype), so I keep the amount of crypto I have small.
I wouldn’t argue with that. I was mostly generalizing.
Of course bitcoin is a scam. It’s a “currency” you can’t spend anywhere. It’s only purpose is a pump and dump scheme for early adopters.
It’s a “currency” you can’t spend anywhere.
You could’ve at least pretended to have done some basic research…
It’s a “currency” you can’t spend anywhere
Lol
It’s only purpose is a pump and dump scheme for early adopters.
This is exactly what many alt-coins are but Bitcoin is decidedly not.
You’re confusing “easy to mine” with “early adopter scam”.
Maybe we don’t need a Bitcoin emoji, but we absolutely need a Doge emoji.
🐶 there’s already one
Lol, doge
