4 ms·
Really? Feels like this has been the prevailing perspective since at least late 2018 - I guess the 2017 crash had something to do with that
by exdsq 5y ago
Really? Feels like this has been the prevailing perspective since at least late 2018 - I guess the 2017 crash had something to do with that
- throwaway82652 5y agoI don't blame the crash, the wild price fluctuation is an intentional design of the system that should be entirely expected by anyone invested in this. Personally I always thought cryptocurrency was a broken concept but I was willing to let the enthusiasts do it as long as they kept it to themselves. It's their money, after all. Then a bunch of things happened like the crazy price gouging on GPUs, the energy costs skyrocketing and not showing any signs of slowing down, the mainstreaming of NFTs and pay-to-play blockchain gaming and other blatant scams, the report after report on high-profile hacks and frauds and rug pulls, etc.... and it's become apparent that the damage from this can no longer remain self-contained.