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Actual cryptography is interesting. Cypherpunk topics are interesting. Distributed networks like Tor are interesting. 'Crypto' in the modern parlance is not int
by bpiche 5y ago
Actual cryptography is interesting. Cypherpunk topics are interesting. Distributed networks like Tor are interesting. 'Crypto' in the modern parlance is not interesting. Compute-intensive blockchain technology is not necessary for any iteration of DeFi that I have personally ever encountered, and at the same time, everybody in the scene acts like it's the killer app. The whole scene is a confederacy of dunces who are all trying to fuck each other as much as possible.
https://ambcrypto.com/7-7-billion-lost-to-crypto-scams-but-how-serious-have-rug-pulls-been https://ambcrypto.com/7-7-billion-lost-to-crypto-scams-but-h...
- idiotsecant 5y agoUnderneath the giant pile of scammers and spammers there is a small core of people quietly toiling away because they really believe that the technology can change the world. Those are the people and projects that make crypto interesting, I think.
- bpiche 5y agoI wonder what the hack-the-planet l0pht-era cypherpunks of the 90s would think of them, even the 'small core group of people quietly toiling away'. I bet they would think they were a bunch of moonboy sell-outs. Pardon the digression, but I just think it's such a shame that this hustle has co-oped a word that used to actually mean something to people. edit: Partially containing my bile