the “currency” is rife with scammers because the “currency” is a scam.
its a pump and dump ponzi. Its digital Bernie Madoff for the new millenium.
all of them are. Every single one.
Yes even the one you, dear reader, like. Especially the one you like.
Thats why they are so unstable.
And its also why anyone that tried to use them as currency abandoned it almost as soon as they started, because losing 20% of your transaction in the 5 seconds the transfer and processing takes isnt a deal anyone but the most desperate to stay in the shadows criminals are going to accept.
You know it’s possible to be critical of something without lying? You literally invalidate all of your points and I say this as a crypto hater myself. Just stop this stupid shit that is not helping anyone and just infect people with stupid.
Yeah it seems kinda crazy these days to believe that society should organize itself democratically through trust and merit but Americans be like: “oh no the system failed me once - time to destroy everything!”
Crypto is a failure because of design failures not because “it’s some control ponzi scheme”.
I take issue with OP attributing the problem through appeal to emotion rather than actually learning what went wrong. As you implied the tech behind crypto is very interesting and there’s a lot of value there that has been buried.
Now, idiots like OP convolute all of this process with idiotic reductionism that helps no one and will just lead us to repeat the same mistakes.
If only that currency wasn’t rife with techbros, scammers, and techbro scammers.
the “currency” is rife with scammers because the “currency” is a scam.
its a pump and dump ponzi. Its digital Bernie Madoff for the new millenium.
all of them are. Every single one.
Yes even the one you, dear reader, like. Especially the one you like.
Thats why they are so unstable.
And its also why anyone that tried to use them as currency abandoned it almost as soon as they started, because losing 20% of your transaction in the 5 seconds the transfer and processing takes isnt a deal anyone but the most desperate to stay in the shadows criminals are going to accept.
Way to reinforce the meme that all crypto haters are idiots by straight up lying and making shit up. Come on man.
And here we are - greedy scam idiots on the left, angry ignorant haters on the right and we chug along through mud. The internet is so tiring…
the rubes do get so very hostile when they are told the truth.
Gotta protect the fragile ego instead of admit you fell for something.
You know it’s possible to be critical of something without lying? You literally invalidate all of your points and I say this as a crypto hater myself. Just stop this stupid shit that is not helping anyone and just infect people with stupid.
Sounds like someone is used to spaces where FUD gets you banned.
Yeah it seems kinda crazy these days to believe that society should organize itself democratically through trust and merit but Americans be like: “oh no the system failed me once - time to destroy everything!”
Pump elsewhere.
I empathize, smart people tend to be politically neutral Also very few people talk about the tech behind Crypto
Crypto is a failure because of design failures not because “it’s some control ponzi scheme”.
I take issue with OP attributing the problem through appeal to emotion rather than actually learning what went wrong. As you implied the tech behind crypto is very interesting and there’s a lot of value there that has been buried.
Now, idiots like OP convolute all of this process with idiotic reductionism that helps no one and will just lead us to repeat the same mistakes.
Maybe we need a new community here in Lemmy, for discussing BlockChain tech applications ?
Your right, its better that these bankers can deny a business its income.