_57jb

9 ms·

31.
by _57jb 5y ago
The last point you made about cryptocurrencies fleecing others bit built with intent to prevent market distortion is dead on. People getting into crypto in fratboy style have gone on the rollercoaster and often are pushing it to their desir
32.
by _57jb 5y ago
why wouldn't you just leverage a stable coin if you are looking for speed? The slowest part of this are the banks and the clearing houses. They essentially "trust" other institutions to a certain extent and vouch for the mone
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by _57jb 5y ago
Yeah. I think speculation can be good when you don't have the speculators at the top of the food chain. I'm talking specifically about the Friedman Doctrine and making companies beholden to shareholders in the United States. It&#x
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by _57jb 5y ago
How much waste and damage is being done by the banking data centers and associates globally? Care to take a guess where that damage stands?
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by _57jb 5y ago
It's amazing that this is being downvoted. Such a simple and straightforward argument and instead of having it they'd rather hide it. I wonder why.
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by _57jb 5y ago
Agreed. To add to this who is out there quantifying how much energy is used by the data centers, jets, etc, of banking institutions and other institutions driving money to contrast this to? It's almost like some people might want the s
37.
by _57jb 5y ago
It's no more a scam than the dollar, yuan, or euro. It's as trusted as the system backing it. Can it be trusted enough that you at least can see when it's being manipulated? Can your current system? Some countries benefit gre
38.
by _57jb 5y ago
I agree with you. NFTs in their current hype cycle with art is a shallowly thought out implementation. It requires a governing body to source the originals but then you essentially have a coin at this point.
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by _57jb 5y ago
I am glad we are talking about crypto pro/cons but this article was a huge miss imho. The arguments against are these beaten dead horses that many within crypto know already and frankly not well versed. NFTs were an unenforceable joke,
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by _57jb 5y ago
I absolutely agree with this sentiment. Many engineers, product advocates, and sales engineers/architects build careers, playbooks, and talk tracks around debunking or handwaving others (and sometimes their own) benchmarks. The pressur
41.
by _57jb 5y ago
Yeah, if you prescribe to the smoke and mirrors style. Sometimes the logic or capabilities of technology have to be explained at a cursory level just to provide some grounding. I made the same mistake as OP thinking I could dazzle my "
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by _57jb 5y ago
This feels like a really well explained point. It may be a stretch but I feel nature plays dice where certain events exploit advantages. It feels like something that is futile to balance against. Perhaps understanding our tribalism and need
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by _57jb 5y ago
For some reason I saw your list of things people are blaming as ...Google, "writing JavaScript"... I said to myself: Ouch and damn! Fair point. Edited a typo and for clarification, I love all languages and am dripping with sarcasm