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Crypto has done absolutely nothing to warrant anything beyond the most cursory dismissal.

jjoonathan 3y ago
With that attitude, nothing ever would. I'm glad VC exists. Without people taking long odds, our world would be much poorer.
- kristianc 3y ago
  People don’t owe crypto a ‘good attitude’. The only justifiable attitude toward it is a healthy scepticism until it proves to be anything more than a glorified pump and dump scheme. So far, it hasn’t cleared that bar in over a decade of trying.
  - deleted 3y ago
    [deleted]
  - jjoonathan 3y ago
    It's an ISP. They provide internet service and bill people for it.
  - mensetmanusman 3y ago
    Bitcoin is used by people in unstable countries.
    - kristianc 3y ago
      How’s that going? https://amp.theguardian.com/technology/2022/nov/15/china-el-salvador-economy-cryptocurrency-fall https://amp.theguardian.com/technology/2022/nov/15/china-el-...
sneak 3y ago
This is simply objectively inaccurate, and reflects very poorly on the speaker's levels of bias when such false claims are parroted. It's fine to not like cryptocurrency, but don't lie about it. Ransomware would not exist without cryptocurrency: it was a major innovation (that subsequently enabled tons of new use cases, many of them criminal, some of them not).
- bckr 3y ago
  There’s something about this comment that’s tongue in cheek, and something that’s earnest, and I cannot decipher it
  - ABeeSea 3y ago
    Reminds me of this tweet[0]: >Sick of people calling everything in crypto a Ponzi scheme. Some crypto projects are pump and dump schemes, while others are pyramid schemes. Others are just standard issue fraud. Others are just middlemen skimming of the top. Stop glossing over the diversity in the industry. [0] https://twitter.com/patdennis/status/1518637225789042688 https://twitter.com/patdennis/status/1518637225789042688
snapcaster 3y ago
Darknet markets, political dissident funding, the money laundering via mining trick, etc.. All pretty big innovations even if you don't like them
xk_id 3y ago
Embarrassing to post nonsense like this in 2023.

With that attitude, nothing ever would. I'm glad VC exists. Without people taking long odds, our world would be much poorer.

kristianc 3y ago
People don’t owe crypto a ‘good attitude’. The only justifiable attitude toward it is a healthy scepticism until it proves to be anything more than a glorified pump and dump scheme. So far, it hasn’t cleared that bar in over a decade of trying.
- deleted 3y ago
  [deleted]
- jjoonathan 3y ago
  It's an ISP. They provide internet service and bill people for it.
- mensetmanusman 3y ago
  Bitcoin is used by people in unstable countries.
  - kristianc 3y ago
    How’s that going? https://amp.theguardian.com/technology/2022/nov/15/china-el-salvador-economy-cryptocurrency-fall https://amp.theguardian.com/technology/2022/nov/15/china-el-...

sneak 3y ago

This is simply objectively inaccurate, and reflects very poorly on the speaker's levels of bias when such false claims are parroted. It's fine to not like cryptocurrency, but don't lie about it. Ransomware would not exist without cryptocurrency: it was a major innovation (that subsequently enabled tons of new use cases, many of them criminal, some of them not).

bckr 3y ago
There’s something about this comment that’s tongue in cheek, and something that’s earnest, and I cannot decipher it
- ABeeSea 3y ago
  Reminds me of this tweet[0]: >Sick of people calling everything in crypto a Ponzi scheme. Some crypto projects are pump and dump schemes, while others are pyramid schemes. Others are just standard issue fraud. Others are just middlemen skimming of the top. Stop glossing over the diversity in the industry. [0] https://twitter.com/patdennis/status/1518637225789042688 https://twitter.com/patdennis/status/1518637225789042688

snapcaster 3y ago

Darknet markets, political dissident funding, the money laundering via mining trick, etc.. All pretty big innovations even if you don't like them

xk_id 3y ago

Embarrassing to post nonsense like this in 2023.