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There is a German saying: "Wo ein Trog ist kommen die Schweine." roughly translates to "Where there is a trough - the pigs will come." Rather fitting for all th
by theCrowing 4y ago
There is a German saying: "Wo ein Trog ist kommen die Schweine." roughly translates to "Where there is a trough - the pigs will come." Rather fitting for all the crypto meltdowns in the last years.
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- thejosh 4y agoAlso "schadenfreude" :-). (pleasure derived by someone from another person's misfortune).
- hef19898 4y agoAlso a nice word, but not the same as OP bon mot.
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- louwrentius 4y agoCrypto has attracted almost every type of criminal under the sun, to the detriment of 'regular' people who got conned into this stuff and is now left holding the bags. That German saying is on point and really sad.
- threeseed 4y ago> Crypto has attracted almost every type of criminal under the sun This is actually quite a profound statement. Is there actually anything in human history that can come close to rivalling this ? We have everyone from teens promoting shitcoins on TikTok, to household celebrities like Matt Damon, to white collar criminals, to arguably VCs, all the way to nation states like Iran and North Korea.
- blantonl 4y agoThe western United States was pretty wild for a while until it was "tamed"
- pibechorro 4y agoIncorrect. There was less violence overall in the wild west. Modern America has insane violence at much larger scales (inner city gang violence in Chicago, millions of civilians killed over the past 2 decades via Iraq, Drone programs, etc). The wild west was only wild because Hollywood needed a narrative.
- nradov 4y agoYou shouldn't be down voted, this is largely correct. High rates of violence in the "wild west" are a myth created by Hollywood. https://www.sup.org/books/title/?id=6182 https://www.sup.org/books/title/?id=6182
- astura 4y agoIt was downvoted because it was an irrelevant, off topic rant. The question was about financial fraud, not violence.
- xbar 4y agoI would clarify further. High rates of violence were an exaggeration of 19th Century East Coast newspapers that created a myth that was perpetuated by Hollywood.
- LastTrain 4y agoInteresting. Do you have any sources of information to back that up? It contradicts my perception of things, and I would like to know if I've been operating under a faulty understanding. Example: according to this [1] article : per-capita murder rates were something on the order of 30/100000 in colonial times, 15/100000 in the "wild west" period compared to 6/100000 today. [1] https://blogs.berkeley.edu/2010/06/16/a-crime-puzzle-violent-crime-declines-in-america/ https://blogs.berkeley.edu/2010/06/16/a-crime-puzzle-violent...
- throwawaysleep 4y ago
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- pibechorro 4y ago3rd party exchanges and banks.. basically like it always has. Crytpo, aka your keys, are still fine.
- peteradio 4y agoReminds me of the American phrase "What exactly were you expecting?!"
- TheMaskedCoder 4y agoActually, this seems like a rather interesting defense of crypto. To use the metaphor, did the trough create the pigs? Or did it only draw a horde of pre-existing pigs to one place? Perhaps the amount of quasi-criminals that we are seeing in the crypto sector right now is just a sign that crypto was highly successful and not a condemnation of crypto in and of itself.
- wffurr 4y agoSuccessful at what, enabling criminal activity?
- Semaphor 4y agoYou are half right. It obviously did not create the pigs, but the "trough" is the place for easy pickings: Crypto. Of course Crypto did not create scammers, scammers simply have an easy time scamming people there.
- ajhurliman 4y agoAgreed 100%, but troughs are good for other things besides feeding pigs. I hope the actually innovative, non-scam projects don't have their name tarnished too much by all the pigs.
- sebastialonso 4y agoAm I understanding this correctly? The very fact that the Crypto scene was filled with criminals is direct evidence that "it works"? Is this a soft implication that the same scene should "continue" to exist as it currently is?