• brsrklf@jlai.lu
    link
    fedilink
    English
    arrow-up
    32
    arrow-down
    3
    ·
    15 days ago

    For all the talks about freedom and “decentralised” utopia the crypto bro cults spew all the time, they are really just obsessed with making absurd amounts of money fast. Their only motivation is greed.

    Can’t say I’m surprised some regard Dubai as a goal. They only see the rich man’s club, they don’t care about how the sausage is made.

    • 0x0@programming.dev
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      1
      ·
      12 days ago

      Their only motivation is greed.

      Gee, i’m so glad brick ‘n’ mortar banks are different… oh, wait…

      • brsrklf@jlai.lu
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        1
        ·
        11 days ago

        Last time I checked, most individuals are not, in fact, banks.

        • 0x0@programming.dev
          link
          fedilink
          English
          arrow-up
          1
          ·
          11 days ago

          Last time i checked banks and “regulating” bodies are run by, you guessed it, groups of individuals.

          • brsrklf@jlai.lu
            link
            fedilink
            English
            arrow-up
            1
            ·
            10 days ago

            Which are not, by far, most people. I am not sure why you’re bringing the subject of banks. Of course they’re shitty and mostly run by bastards. Okay.

            But cryptomoney people are not banks, or groups of individuals. They’re individuals. And they’re in it because of the “get rich quick” scheme and push others to get into the pyramid’s lower levels, because that’s how they might get richer. So they’re either bastards or being conned, or probably both.

            Proof of work is a power/hardware catastrophe, and proof of stake is entrusting power to the already rich again. Crypto is not a new economy model, it’s a bad subset of the old one with fancy fake ideals.