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TCP/IP works quite beautifully for something designed decades ago, and actually solves real problems, though (like delivering your message to my t̶e̶l̶e̶t̶y̶p̶e

TCP/IP works quite beautifully for something designed decades ago, and actually solves real problems, though (like delivering your message to my t̶e̶l̶e̶t̶y̶p̶e halfway across the globe). "Crypto" seems to be quite good at worsening air pollution in my country (which is already very bad) and not much else.

rahen 4y ago
So does Bitcoin. For the first time in history, we have achieved sound money, something neither gold or fiat money have. https://miro.medium.com/max/720/1*rVgI62Reha0MnvUiWC0SXg.webp https://miro.medium.com/max/720/1*rVgI62Reha0MnvUiWC0SXg.web... https://danhedl.medium.com/planting-bitcoin-sound-money-72e80e40ff62 https://danhedl.medium.com/planting-bitcoin-sound-money-72e8... Of course, whether it's gold, fiat or cryptos, we'll have scammers and gullible people who fall for ponzis, but because money can be used to scam doesn't mean it's a scam itself.
- andirk 4y ago
  Although I bet there are a lot more either useless or scammy projects in crypto than in gold (fiat must have the most scams since it's the most popular), people writing off the entire industry as a scam is disingenuous, myopic, and so often delivered with obvious jealousy that they had the chance to buy up some space cash when it started but said it was stupid so now they will stick to that argument. I had to donate to Wikileaks years ago via a very expensive wire transfer since the credit card companies bowed down to the USA and cut them off. If I had BTC, I would have used that for almost free.
sphinxster 4y ago
But, doesn't TCP/IP also fundamentally power and enable almost every conceivable ostensibly "bad" thing happening on the internet? Like, for example, "crypto"?
idiotsecant 4y ago
I feel like it's somewhat poetic and a powerful indicator of something I can't quite put my finger on that this thing we call the internet is now old enough that some of us are doing old-man-shakes-angry-fist-at-cloud at newer parts of it. The more things change the more we stay the same.

rahen 4y ago

So does Bitcoin. For the first time in history, we have achieved sound money, something neither gold or fiat money have. https://miro.medium.com/max/720/1*rVgI62Reha0MnvUiWC0SXg.webp https://miro.medium.com/max/720/1*rVgI62Reha0MnvUiWC0SXg.web... https://danhedl.medium.com/planting-bitcoin-sound-money-72e80e40ff62 https://danhedl.medium.com/planting-bitcoin-sound-money-72e8... Of course, whether it's gold, fiat or cryptos, we'll have scammers and gullible people who fall for ponzis, but because money can be used to scam doesn't mean it's a scam itself.

andirk 4y ago
Although I bet there are a lot more either useless or scammy projects in crypto than in gold (fiat must have the most scams since it's the most popular), people writing off the entire industry as a scam is disingenuous, myopic, and so often delivered with obvious jealousy that they had the chance to buy up some space cash when it started but said it was stupid so now they will stick to that argument. I had to donate to Wikileaks years ago via a very expensive wire transfer since the credit card companies bowed down to the USA and cut them off. If I had BTC, I would have used that for almost free.

sphinxster 4y ago

But, doesn't TCP/IP also fundamentally power and enable almost every conceivable ostensibly "bad" thing happening on the internet? Like, for example, "crypto"?

idiotsecant 4y ago

I feel like it's somewhat poetic and a powerful indicator of something I can't quite put my finger on that this thing we call the internet is now old enough that some of us are doing old-man-shakes-angry-fist-at-cloud at newer parts of it. The more things change the more we stay the same.