What are /pol/‘s thoughts on the state of the cryptocurrency market and technology and the political implications thereof?

>>509193143 (OP)
Internet funny money ain't worth shit.

Is this 2011?

Crypto is legal fraud. It pulls money out of outsiders and gives it to insiders.

That is its only function.

>>509193172
>hating on cypto
>ancap flag
wtf

>>509193191
Wtf you talm bout buddy?

>>509193143 (OP)
Bitcoin or something similar might be used to replace Fiat since it's no longer backed by gold
Idk how plausible that might be, but I think it's a definite possibility
I seriously hate crypto though and think it's all a ponzi
I think the world would be a better place if crypto didn't exist

>>509193143 (OP)
it has mostly become fake and gay and was financialized and coupled to fiat to just be a volatile equity. It's only real use case besides that is for black market trades. In normal uses people really just don't need a more complicated form of currency no matter the libertarian type arguments.
I still think crypto in some form will end up used as an AI-ledger for contracts but it would probably not be something anyone outside of tech thinks about, and to work needs to be mostly decoupled or at least commoditized away from finance jews.

why the fuck aren't your retard mentioning it's all a scam with the worse trait of humanity being playing others for fools while only a specific group benefit?
a SCAM
S
C
A
M

and this is coming from an ex developer of a very "famous" blockchain crypto

>>509193730
> just don't need a more complicated form of currency no matter the libertarian type arguments.
I agree. Not to shill Monero (Kenny is my homie tho) but it does have a strong advantage over other cryptos in terms of fungibility, so maybe there’s a case to be made for ease of use? But idk

>>509193830
I am pretty sure 99% of memecoins are scams
The blue chip cryptos like Monero or Bitcoin or Ethereum, I don't think those are scams, they're too big to be scams

>>509194003
my 100% opinion on this matter, after accounting my hands on experience is this:
if you're not getting scammed by a selected group of 10 people coordinating it all
you're getting scammed by big corporations and billionaires moving their wealth around
once my eyes were opened I quit without taking even a single cent to my name

>>509193830
>>509194087
> and this is coming from an ex developer of a very "famous" blockchain crypto
Holy shit really? Do you have any stories or other info you can share as an aside? That’s really interesting actually

>>509194195
no

What pisses me off about crypto is that it allowed a bunch of prebuscent kids to get enormously rich by just dropping 10$ on a meme coin, now they live all over dubai, thailand or miami with their riches, getting scammed by gold diggers cuz they're too young and inexperienced in life to know how evil women are.

These mofos then think they're the shit and tryna post "life lessons" on their socials although they're 18 years old.

Strategy is going to be the most valuable company in the world and out-perform BTC (and all other assets) in the next decade.

>>509193143 (OP)
I only own XMR

>>509194195
Like 99% of literally every memecoins is a scam
>>509194087
Yes but you can still make money off the big cryptos tho, I think you're right, the concept is the same probably. Rich people pay for advertising and marketing so plebs pump the cryptos so that the rich people can dump it and cash out. I think the big cryptos is safer because it's slower and well, like for example, Bitcoin is at like 108k, ath right now. It's obviously going to dump, so cashing out now would be best and then wait for it to dump to 50k and then buy back in

>>509194215
> These mofos then think they're the shit and tryna post "life lessons" on their socials although they're 18 years old.
True shit

>>509193172
Then why are you shorting it?

Mostly a timesink to take people away from real matters, but also used for grey/black market purposes by individuals and intelligence outfits

>>509194468
Same pricks who rugpull if you let them shill a coin

>>509193143 (OP)
99% is just speculation
Monero has value because you can use it for illegal shit.
the notion that trade is going to switch to blockchain with all the contracts and stuff is lame
that's not going to happen

>>509194328
said every shillcoin ever

>>509194746
Do you know why they will be the most valuable company in human history? What do you know about the company?
Genuine question.

Ive been using monero for the same reason and time it's been useful to me for 11 years

>>509194562
Also true. I forget the details of the story but there was some streamer kid who created his own memecoin / shitcoin, rug pulled it and pissed off his fans, released another memecoin called ‘sorrycoin’ and then rug pulled that one too. Little fucker lol

>>509193143 (OP)
> What are /pol/‘s thoughts on the state of the cryptocurrency market

The consolidation of market power into a single asset—Bitcoin—appears increasingly orchestrated, particularly as altcoin performance begins to threaten the longstanding hegemony of BTC dominance. As capital flows into alternative assets and their prices begin to rise with organic momentum, a familiar pattern emerges: market makers—seemingly aligned with institutional interests or central bank-like actors—inject liquidity to artificially drive up the price of Bitcoin. This sudden surge acts like a gravitational reset, pulling attention and capital away from the alts just as they begin to gain traction. The effect is twofold: first, it reinforces Bitcoin’s role as “digital gold,” the anchor in a sea of speculative volatility; second, it resets dominance narratives before coordinated sell-offs drain liquidity from the rest of the market. In this dynamic, BTC is not merely a store of value but a control mechanism—leveraged to maintain structural dominance even when its intrinsic innovation lags behind the faster-moving, more experimental alt ecosystem. One can't help but wonder what would unfold if wealth were allowed to flow more freely into the top 100 altcoins—each receiving just 20% more capital—allowing true market discovery to take place. Would Bitcoin’s dominance dissolve, or would it evolve into a genuinely neutral monetary base, no longer propped up by cyclical manipulation but by organic consensus?

>>509193143 (OP)
Untraceable money
Untaxable money.
Final solution to the taxman question.

>>509193143 (OP)
monero is pretty much the only one that justifies the use of a decentralized accounting table
everything else is just tech for tech's sake

all of them are ultimately founded on greater fools, monero unfortunately included

>>509193218
in my experience most ancaps are goldbugs rather than cryptobros

>>509194211
thats gotta burn avoiding tax and making very little money surrounded by subhumans. UR LIKE A SLAVE

>>509198116
>taxes
lol

>>509196442
it's easily traceable there's a million copies of the ledger of every transaction to every address

>>509198144