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It's not a scam.

by Daunk 3y ago

It's not a scam.

gslepak 3y ago
How is Brave a scam?
arrowsmith 3y ago
For the millionth time: you can use Brave without any of the crypto nonsense. I'm typing this on Brave now and I still barely understand what a BAT is; I've never spent more than 10 seconds looking into it and the browser makes no attempt to force it on me.
- deleted 3y ago
  [deleted]
- gslepak 3y ago
  > without any of the crypto nonsense I'm curious, what do people mean by this? How is the bank's financial system any less "nonsense" than crypto? Second question: when the banks start using crypto in not too long (via CBDCs), how will that crypto be any less "nonsense" than crypto?
  - OkayPhysicist 3y ago
    > How is the bank's financial system any less "nonsense" than crypto? When things go wrong in real money land, we have a whole legal framework with standing precedent and built up processes for resolving them. Nevermind the fact that I can just call up my local pizza place, give them a credit card number, and get a pizza. Over in the crypto-hellscape, ever since the fall of the big darknet markets, the only real use case for cryptocurrency is trying to convince other people that everybody's getting rich, so that you can sell them your cryptocurrency for real money. Or accepting a ransom for your malware attack. When the only three inhabited niches in your ecosystem are "speculator", "con artist", and "criminal", it's safe to write the entire thing off as "nonsense".
    - gslepak 3y ago
      Hmm, I use cryptocurrency on a daily basis, and my usage does not fall in any of those categories you listed. It sounds like (correct me if I'm wrong), the "nonsense" that you see consists of two things: (1) a lack of integration with a legal framework, and (2) that your local pizza shop doesn't accept crypto. Neither of those things are fundamental shortcomings of crypto though, as some pizza shops do accept cryptocurrency (just not as many), and custodial cryptocurrency is a thing if you're not into "being your own bank", which does give you some integration with the legal system (as long as your custodian is a law-abiding entity, like a well known company). As far as I'm aware, Brave's usage falls within that category.
      - brewdad 3y ago
        Please tell me how you are using crypto on a DAILY basis. I get maybe using it once it a while for specific transactions but I can't imagine a scenario where I could use it every day.
        deleted 3y ago
        [deleted]
        gslepak 3y ago
        Well between paying contractors, paying for goods/services, playing with defi (there are non-speculative uses for defi believe it or not), using group income, and paying the random person back for a meal I owe, it comes out to either daily or almost daily. Don't worry as I mentioned you'll be using it daily soon too, except (unless I'm mistaken), it sounds like you might choose to use a cryptocurrency built from the ground up to surveil and control you, rather than one that's built from the ground up to enable permissionless transactions. To each their own.
      - OkayPhysicist 3y ago
        If you're trusting the government to resolve your legal issues, you have a root of trust, invalidating the entire need for cryptocurrency. At that point you could just have an SQL DB operated by the Central Reserve. The use of money to affect the real world necessitates a level of trust that completely invalidates the point of a decentralized, trust-less monetary system. The Silk Road was the last time anybody used cryptocurrency for anything useful, and beyond the criminality of it, crypto wasn't even particularly well-suited for that task. If I ever get asked for cryptocurrency at a pizza place, I suspect they'll have greeted me by inquiring about a fellow named Galt. At this point, nobody in the space is actually exchanging their "currency" for goods and services. They're treating it as a speculative asset. Meanwhile, the entire ecosystem is saturated with criminals, and not even of the kinda fun Silk Road kind. Just con artists, grifters, and the occasional ransomware connoisseur. I get it, you have a vested interest in people not realizing this and letting the whole "economy" collapse. But as long as the only legal utility in having cryptocurrency is hoping that someone else will be stupid enough to buy it for more than you did, the whole thing is nonsense.
  - UberFly 3y ago
    I think they mean the nonsense of it being baked into the browser. It wasn't a commentary on crypto itself.
    - arrowsmith 3y ago
      Yes.
      - gslepak 3y ago
        Hmm, why is that nonsense? It makes a lot of sense to me for a browser to support cryptocurrency payments for goods & services online using an Internet-native currency. I agree though that the particular way Brave has gone about it could stand to use improvement. I wish they had gone the Alby route.
- deleted 3y ago
  [deleted]

It's not a scam.

by Daunk 3y ago

It's not a scam.

gslepak 3y ago

How is Brave a scam?

arrowsmith 3y ago

For the millionth time: you can use Brave without any of the crypto nonsense. I'm typing this on Brave now and I still barely understand what a BAT is; I've never spent more than 10 seconds looking into it and the browser makes no attempt to force it on me.

deleted 3y ago
[deleted]
gslepak 3y ago
> without any of the crypto nonsense I'm curious, what do people mean by this? How is the bank's financial system any less "nonsense" than crypto? Second question: when the banks start using crypto in not too long (via CBDCs), how will that crypto be any less "nonsense" than crypto?
- OkayPhysicist 3y ago
  > How is the bank's financial system any less "nonsense" than crypto? When things go wrong in real money land, we have a whole legal framework with standing precedent and built up processes for resolving them. Nevermind the fact that I can just call up my local pizza place, give them a credit card number, and get a pizza. Over in the crypto-hellscape, ever since the fall of the big darknet markets, the only real use case for cryptocurrency is trying to convince other people that everybody's getting rich, so that you can sell them your cryptocurrency for real money. Or accepting a ransom for your malware attack. When the only three inhabited niches in your ecosystem are "speculator", "con artist", and "criminal", it's safe to write the entire thing off as "nonsense".
  - gslepak 3y ago
    Hmm, I use cryptocurrency on a daily basis, and my usage does not fall in any of those categories you listed. It sounds like (correct me if I'm wrong), the "nonsense" that you see consists of two things: (1) a lack of integration with a legal framework, and (2) that your local pizza shop doesn't accept crypto. Neither of those things are fundamental shortcomings of crypto though, as some pizza shops do accept cryptocurrency (just not as many), and custodial cryptocurrency is a thing if you're not into "being your own bank", which does give you some integration with the legal system (as long as your custodian is a law-abiding entity, like a well known company). As far as I'm aware, Brave's usage falls within that category.
    - brewdad 3y ago
      Please tell me how you are using crypto on a DAILY basis. I get maybe using it once it a while for specific transactions but I can't imagine a scenario where I could use it every day.
      - deleted 3y ago
        [deleted]
      - gslepak 3y ago
        Well between paying contractors, paying for goods/services, playing with defi (there are non-speculative uses for defi believe it or not), using group income, and paying the random person back for a meal I owe, it comes out to either daily or almost daily. Don't worry as I mentioned you'll be using it daily soon too, except (unless I'm mistaken), it sounds like you might choose to use a cryptocurrency built from the ground up to surveil and control you, rather than one that's built from the ground up to enable permissionless transactions. To each their own.
    - OkayPhysicist 3y ago
      If you're trusting the government to resolve your legal issues, you have a root of trust, invalidating the entire need for cryptocurrency. At that point you could just have an SQL DB operated by the Central Reserve. The use of money to affect the real world necessitates a level of trust that completely invalidates the point of a decentralized, trust-less monetary system. The Silk Road was the last time anybody used cryptocurrency for anything useful, and beyond the criminality of it, crypto wasn't even particularly well-suited for that task. If I ever get asked for cryptocurrency at a pizza place, I suspect they'll have greeted me by inquiring about a fellow named Galt. At this point, nobody in the space is actually exchanging their "currency" for goods and services. They're treating it as a speculative asset. Meanwhile, the entire ecosystem is saturated with criminals, and not even of the kinda fun Silk Road kind. Just con artists, grifters, and the occasional ransomware connoisseur. I get it, you have a vested interest in people not realizing this and letting the whole "economy" collapse. But as long as the only legal utility in having cryptocurrency is hoping that someone else will be stupid enough to buy it for more than you did, the whole thing is nonsense.
- UberFly 3y ago
  I think they mean the nonsense of it being baked into the browser. It wasn't a commentary on crypto itself.
  - arrowsmith 3y ago
    Yes.
    - gslepak 3y ago
      Hmm, why is that nonsense? It makes a lot of sense to me for a browser to support cryptocurrency payments for goods & services online using an Internet-native currency. I agree though that the particular way Brave has gone about it could stand to use improvement. I wish they had gone the Alby route.
deleted 3y ago
[deleted]