Honestly government issued money is a bigger scam than the altcoins.  People die from it and it doesn't produce anything.  Altcoins should be seen as a proposal for something that makes money worthwhile to exist.  Most will fail.

On Sat, May 23, 2020, 7:08 PM Punk-Stasi 2.0 <punks@tfwno.gf> wrote:
On Sat, 23 May 2020 17:18:32 -0400
Karl <gmkarl@gmail.com> wrote:


> I didn't know about web 4.0 .  Yeah, new tech developments are happening
> too fast to comprehend and learn about for me now.
>
> There are over 1500 different cryptocurrencies now

        that's like 1498 scams?

        I guess I'll be waiting for a while before somebody posts a reference to a 'cryptocurrency' that doesn't have a bloated chain.

        and by the way...

        "Evergrowing blockchains of UTXO transaction logs are unneeded bloat"

        Crytocurrencies require a log of ALL TRANSACTIONS, not just the so called utxo set...   

I figured UTCO and "transaction" were being quickly summarized together here, up to the reader to only interpret in ways that make sense, as happens when people address something quickly.




> according to  https://hackernoon.com/why-third-generation-cryptocurrencies-are-game-changers-for-venezuela-cb8c9b016f9d
> which is just a random hit I got googling for third gen cryptos.


        lawl, somebody shilling some shitcoin scam :

        shitcoin #55    https://coinmarketcap.com/currencies/nano/

        Plus, I'd bet that the author can't find venezuela on the map.