Technology

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What is a technological advancement today that you wish never existed? (kbin.social)

submitted 1 year ago by s804@kbin.social to c/tech@kbin.social

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For me, I would choose computer viruses.

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[–] artillect@kbin.social 8 points 1 year ago (1 children)

Someone once bought a pizza with them, but since that time their transactions have become too slow and their value too volatile to exchange them for anything so concrete.

I wish we could go back to the time when bitcoin was this crazy new currency and not a vessel for pump-and-dump schemes. It seems like such a cool idea, and I'd totally be on board with it due to the decentralization aspect (like I am with the fediverse) if it actually managed to be what it set out to be

[–] Gull@kbin.social 3 points 1 year ago (1 children)

It was never very suited as a currency, if by currency you mean a convenient medium of exchange. If by currency you mean a convenient medium of speculation and money laundering, I think it can be argued that was always the idea.

[–] MattMist@kbin.social 2 points 1 year ago

Well, technically, it is decent at being a currency even by your definition, just not in our society. I do think in something like a post apocalyptic world crypto would be a pretty good payment method, provided the technology worked to an extent where it would be possible to maintain.

I also refuse to believe it was invented to be speculative, I think it was basically a thought exercise to see if you could make a digital currency in a world where you can't trust anyone.

Though the fact that right now it's an unregulated currency that can be exchanged for regulated currency does allow for some pretty spectacular scams.