3 ms·
Really sad how crypto devolved into a bunch of "wagmi" nonsense. It was originally meant to be a more serious counterweight to the excess of central bank moneta
by spaceman_2020 4y ago
Really sad how crypto devolved into a bunch of "wagmi" nonsense. It was originally meant to be a more serious counterweight to the excess of central bank monetary policies. Now it's just grifters and scammers.
Oh well.
- oblio 4y agoIdealistic solutions are vulnerable to this. Decentralized solutions are vulnerable to this. Idealistic decentralized solutions...
- spaceman_2020 4y agoWhat's ironic is that the meltdown of crypto and crypto culture came right when central bank excesses are at the peak - at least for the vast majority of people alive.
- hn_throwaway_99 4y ago> What's ironic is that the meltdown of crypto and crypto culture came right when central bank excesses are at the peak - at least for the vast majority of people alive. I don't understand. Central banks are finally raising rates after 2 decades of ultra-low rates. If anything, central bank excesses are well below their peak now.