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> In reality, non-deflationary cryptocurrencies have been tried on various occasions. Surprise! None of them have taken off because "number doesn't go up". I a
by GDC7 5y ago
> In reality, non-deflationary cryptocurrencies have been tried on various occasions. Surprise! None of them have taken off because "number doesn't go up".
I am curious to see what will happen when the everything bubble pops
If people don’t react in an angry way that’s the clear signal from society that it wants a certain % of ponzi and scams to be allowed and tolerated
Much like it tolerates gambling , lottery and games of chance which are all zero sum games
- 5e92cb50239222b 5y ago> I am curious to see what will happen when the everything bubble pops … the market is flooded with cheap video cards and we finally have a feast. Unless I die waiting, which is what will probably happen. Please, God, Jesus, Allah, Rama, whoever; I've been waiting far too long already.
- p2p_astroturf 5y agoThe video game industry is literally 10x more scummy than the cryptocoin industry. edit: keep downvoting me morons. what is microtransactions? literally the same bullshit you bitch about like NFTs and IPOs. and the video game industry is not just scum for that, but for the terrible code they write and how they drag down the entire computing industry with pervasive poor engineering what is steam? origin? epic store? literally webshit like a cryptocurrency wallet + vendor lock in + a bunch of mutually incompatible software deliberately made that way in the interests of the vendors instead of using open standards
- pclmulqdq 5y agoMonero is inflationary, but it has some other features (untraceability) that drive demand. It hasn't experienced the same swings that the gold-like cryptos have, though.