4 ms·

> Then I started to recognize that its predatory and actually not benign or harmless. It is taking advantage of people. Can't this be applied for most jobs in

by bko 4y ago

> Then I started to recognize that its predatory and actually not benign or harmless. It is taking advantage of people. Can't this be applied for most jobs in social media, advertising, lending and discretionary spending?

papito 4y ago
Absolutely. I vowed over a decade ago to never work for social media. The data is coming in, and boy, was that the right decision. I've read in the last year: * An Ugly Truth * The Coddling of the American Mind * Stolen Focus It is horrifying what this does to us.
rozenmd 4y ago
Sure can, many of us avoid jobs in social media, ads and lending for that reason
csomar 4y ago
A fairer comparison will be gambling, sports games and drugs.
- bko 4y ago
  Sure I guess since they're voluntary. Much harder to opt out of big social media or ad agencies. But that makes my point even stronger since no one is forcing cryptocurrencies down your throat.
  - codegeek 4y ago
    Social media has benefits (as much as we love to hate it) whether you agree or disagree. Crypto at this point is scams and get rich quick schemes. Not the same comparison.
    - bko 4y ago
      Crypto has benefits. It's entertaining and some projects are kind of clubs which is fun for the participants. Also the technology is interesting at least to me. I learned a lot playing around with smart contracts and writing bots. Some people get hurt and you could think the scammer portion outweighs the benefits. But saying there are no benefits is wrong
  - wild-eep 4y ago
    But, isn’t the key distinction that this is an unregulated space, which is heavily manipulated. Crypto investors cannot make proper informed decisions, because they are being mislead or outright lied to, and cheated, at a near constant rate. It’s optional for them to be sure, but they are being tricked.
    - bko 4y ago
      You put a lot of faith in regulations. Take lottery for instance. It's almost entirely controlled by states in the US and they prey on the most vulnerable. They even have state gambling apps now so there's virtually no restriction when and how much you play. I don't know how much sports gambling is regulated but I doubt its meaningful. Gambling is dangerous because a certain personality cannot control themselves. What can regulation do? Put a little warning? Make sure the house advantage is no more than X? That's not what makes gambling dangerous. Drugs are same story. Heavily regulated to their detriment. At least with illegal drugs you know it's dangerous and could be abused. But when a doctor prescribes you heavy pain killers for a simple injury, it's not obvious how dangerous they are.
      - kelseyfrog 4y ago
        As drugs are dangerous for those predisposed to substance addiction, betting games dangerous to those predisposed to gambling addiction, crypto is dangerous for people who are predisposed to non-regulation addiction. I've seen far too many people addicted to the fantasy of non-regulation and it's effects that it's hard to find sympathy, but I try to stay grounded in viewing it as the disease it is.
      - thefringthing 4y ago
        One reason to have state-run lotteries is as a harm reduction tactic to keep organized crime out of it.
  - antifa 4y ago
    > no one is forcing cryptocurrencies down your throat. But they are planning to.
- deleted 4y ago
  [deleted]
SergeAx 4y ago
We are getting at least something useful from social networks. Like, actual social networking.
- xwolfi 4y ago
  What you dont think safemoon brings you safely to the moon ?
  - SergeAx 4y ago
    Several years ago I would prefer to wait for some lay people to get safely to the moon and then decide for myself. Currently I think that the only people who will make it to the moon are founders and maybe first couple of layers of their Ponzi pyramid.
xwolfi 4y ago
Social media maybe, advertising not always (having been on the other side, thank god for advertising matching us with eventually happy customers), lending can be but also can help expand a business so...

by bko 4y ago

papito 4y ago

Absolutely. I vowed over a decade ago to never work for social media. The data is coming in, and boy, was that the right decision. I've read in the last year: * An Ugly Truth * The Coddling of the American Mind * Stolen Focus It is horrifying what this does to us.

rozenmd 4y ago

Sure can, many of us avoid jobs in social media, ads and lending for that reason

csomar 4y ago

A fairer comparison will be gambling, sports games and drugs.

bko 4y ago
Sure I guess since they're voluntary. Much harder to opt out of big social media or ad agencies. But that makes my point even stronger since no one is forcing cryptocurrencies down your throat.
- codegeek 4y ago
  Social media has benefits (as much as we love to hate it) whether you agree or disagree. Crypto at this point is scams and get rich quick schemes. Not the same comparison.
  - bko 4y ago
    Crypto has benefits. It's entertaining and some projects are kind of clubs which is fun for the participants. Also the technology is interesting at least to me. I learned a lot playing around with smart contracts and writing bots. Some people get hurt and you could think the scammer portion outweighs the benefits. But saying there are no benefits is wrong
- wild-eep 4y ago
  But, isn’t the key distinction that this is an unregulated space, which is heavily manipulated. Crypto investors cannot make proper informed decisions, because they are being mislead or outright lied to, and cheated, at a near constant rate. It’s optional for them to be sure, but they are being tricked.
  - bko 4y ago
    You put a lot of faith in regulations. Take lottery for instance. It's almost entirely controlled by states in the US and they prey on the most vulnerable. They even have state gambling apps now so there's virtually no restriction when and how much you play. I don't know how much sports gambling is regulated but I doubt its meaningful. Gambling is dangerous because a certain personality cannot control themselves. What can regulation do? Put a little warning? Make sure the house advantage is no more than X? That's not what makes gambling dangerous. Drugs are same story. Heavily regulated to their detriment. At least with illegal drugs you know it's dangerous and could be abused. But when a doctor prescribes you heavy pain killers for a simple injury, it's not obvious how dangerous they are.
    - kelseyfrog 4y ago
      As drugs are dangerous for those predisposed to substance addiction, betting games dangerous to those predisposed to gambling addiction, crypto is dangerous for people who are predisposed to non-regulation addiction. I've seen far too many people addicted to the fantasy of non-regulation and it's effects that it's hard to find sympathy, but I try to stay grounded in viewing it as the disease it is.
    - thefringthing 4y ago
      One reason to have state-run lotteries is as a harm reduction tactic to keep organized crime out of it.
- antifa 4y ago
  > no one is forcing cryptocurrencies down your throat. But they are planning to.
deleted 4y ago
[deleted]

SergeAx 4y ago

We are getting at least something useful from social networks. Like, actual social networking.

xwolfi 4y ago
What you dont think safemoon brings you safely to the moon ?
- SergeAx 4y ago
  Several years ago I would prefer to wait for some lay people to get safely to the moon and then decide for myself. Currently I think that the only people who will make it to the moon are founders and maybe first couple of layers of their Ponzi pyramid.

xwolfi 4y ago

Social media maybe, advertising not always (having been on the other side, thank god for advertising matching us with eventually happy customers), lending can be but also can help expand a business so...