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authorNicholas Johnson <nick@nicholasjohnson.ch>2024-05-27 00:00:00 +0000
committerNicholas Johnson <nick@nicholasjohnson.ch>2024-05-27 00:00:00 +0000
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For those of you who have followed my journal for a while now, you know I've become increasingly critical of cryptocurrency over the years. I wasn't always so critical. In fact, I used to be a total sucker.
## Bitcoin
-My cryptocurrency journey started years before I ever conceived of this journal. I was disappointed that I missed the opportunity to "invest" in [Bitcoin](https://bitcoin.org/) earlier, so I decided to invest in it. At the time, I was under the impression that altcoins were just Bitcoin clones. They weren't the original, so why bother with them?
+My cryptocurrency journey started years before I ever conceived of this journal. I was disappointed that I missed the opportunity to "invest" in [Bitcoin](https://bitcoin.org/en/) earlier, so I decided to invest in it. At the time, I was under the impression that altcoins were just Bitcoin clones. They weren't the original, so why bother with them?
## IOTA
Some time later, I realized that blockchains didn't scale. So I became enamored with [IOTA](https://www.iota.org/)'s cryptocurrency based on "the tangle", which is really just a decentralized acyclic graph. I naively believed all their false promises and dumped money into it. I even tried to get other people to invest. I ended up losing big time because I didn't pull out, even after the price dropped. I thoroughly read the white paper, having more understanding of the technology than most other "investors", and I started asking questions.
@@ -76,7 +76,7 @@ I would say the two overarching lessons I learned from my experiences in cryptoc
* Always question your own motives
# GNU Taler
-Assuming people come to their senses and cryptocurrency loses its value, there will still be a need for anonymous online payments. [GNU Taler](https://taler.net) is working on that.
+Assuming people come to their senses and cryptocurrency loses its value, there will still be a need for anonymous online payments. [GNU Taler](https://taler.net/en/) is working on that.
It's not another cryptocurrency ponzi scheme. It doesn't try to fulfill the anarchist/libertarian fantasy of a fully decentralized, unregulated digital payment system that promises the world but delivers next to nothing.