Wood Goblin wrote: Tue Jan 04, 2022 10:33 am

Ace K wrote: Mon Jan 03, 2022 10:30 pm Crypto is not a currency (it cannot function as one; it cannot be transferred in reasonable time spans to make purchases, it fluctuates wildly). It is a speculative investment vehicle which refers back to no real-world property or capacity, which means that it's a speculative investment vehicle whose value can only increase if more people buy it. It's a decentralized ponzi scheme that happens to be destroying the planet.

Crypto in 20 goddamn 22 is deeply immoral, in the same way that building a pipeline or fracking is deeply immoral.

Exactly. I think of it as sports betting without the sports. And NFTs are housing bubbles without the housing.

There’s a reason nobody writes contracts denominated in Bitcoin.

Anthony Flack wrote: Wouldn't it be nice for instance if you could have something like Patreon, except a percentage of the earnings of every artist in the fucking world doesn't get creamed off by the dude from Pamplemousse?

Chud Fusk wrote: Tue Jan 04, 2022 5:22 pm Did anyone post this article yet?

https://inthesetimes.com/article/the-ti ... to-fascism

If anyone wants to argue with the article, don't @ me because I didn't write it and am not taking a stance. Just sharing if it hasn't been shared yet.



Well actually yes I am taking one stance: just because some people profit from a thing doesn't make it real, or imbue it with value. Most of what we consider real in modern life is based on illusions and delusions. There's little difference between arguing about the details of religion, finance, cryptocurrency, and Harry Potter.

99 rats in a box pile on top of each other; the 100th rat climbs to the top, escapes, and thinks he pulled himself out by his bootstraps.

He goes on to a lucrative career of speaking and consultation gigs selling the illusion of freedom, while 99 rats remain trapped, doomed to starvation or cannibalism unless they can reproduce fast enough to make a bigger pile of rats to climb over.

TylerDeadPine wrote: Tue Jan 04, 2022 6:33 pm

Chud Fusk wrote: Tue Jan 04, 2022 5:22 pm Did anyone post this article yet?

https://inthesetimes.com/article/the-ti ... to-fascism

If anyone wants to argue with the article, don't @ me because I didn't write it and am not taking a stance. Just sharing if it hasn't been shared yet.



Well actually yes I am taking one stance: just because some people profit from a thing doesn't make it real, or imbue it with value. Most of what we consider real in modern life is based on illusions and delusions. There's little difference between arguing about the details of religion, finance, cryptocurrency, and Harry Potter.

99 rats in a box pile on top of each other; the 100th rat climbs to the top, escapes, and thinks he pulled himself out by his bootstraps.

He goes on to a lucrative career of speaking and consultation gigs selling the illusion of freedom, while 99 rats remain trapped, doomed to starvation or cannibalism unless they can reproduce fast enough to make a bigger pile of rats to climb over.

I'm one of those rats. the rats that get laid

Chud Fusk wrote: Tue Jan 04, 2022 5:22 pm just because some people profit from a thing doesn't make it real, or imbue it with value.