Crypto currencies aren’t open vessels which can be used for a vast multitude of things. They’re currencies. Defending them on the basis of “what about web browsers”. They’re not web browsers, which are designed to connect users to the Internet, they don’t allow someone to airdrop a photo of your front door into a virtual wallet without you at least consenting to the service used.

It’s a bit different when the developers and early adopters are the ones perpetuating the grift. It’s a digital money system with aggressive deflation and unregulated trading. Fraud is natural? Not coding to prevent fraud is implicit permission to commit fraud. Crypto didn’t spawn out of a vacuum. They didn’t somehow not know their virtual fake money was going to be used to grift and scam people.

Regular banking transactions cost fractions of a cent in electricity, as they don’t have to do exhaustive amounts of proof of work. Bitcoins value is somewhat tied to the electrical cost of generating a bitcoin.

Hilarious, again to suggest that the creators of fake, unregulated stock markets for fake money are in any way not aware that they can be used for very real scam and fraud and are thus y’know, responsible to regulate it or responsible for the unregulated damage.

A physical object with physical design limitations. A thing that can then physically be broken and abused, not software that can be abused well within the design limitations. Memeable.

I find them quite necessary. The derision is part of the point. So many people treat cryptocurrency like something to be venerated when it’s just a bunch of bullshit.

Bitcoin forked into bitcoin classic, in order to undo a transaction. I’m aware this isn’t a trivial process, but it protects those with power and capital and has no function to protect those who do not. The issue is that this is completely ran by capitalists and has no oversite, obviously banks have plenty of ways to fuck you over, that’s why they’re regulated.

Yes that is an issue. I’m suggesting that “cryptocurrency” as a solution to that issue is just as much of a solution as any other investment vehicle and isn’t something crypto is in any way uniquely suited to solve. Civil forfeiture is theft and unconstitutional.

There is no mechanism through which accountability can be held. That is entirely the point. You can “judge” them individually all you want but the ecosystem is uniquely suited for abuse.

Are you going to elaborate on where you disagree, or just “no ur wrong :( :(. Stop bullying my favorite grift”

On the drug trade issue? I’m clearly mostly focusing on all the other ways crypto is fucking stupid bullshit for people that don’t understand technology.

But I don’t think an entirely unregulated market with “anonymous user reviews” is really the smartest or best way to buy drugs.

Lol. Lmao.

Accountability is for the people that design, build, maintain, use, and moderate the program just like every other program. That’s just bullshit for the devs and their backers to weasel out of responsibility. Clearly they’re able to fork out transactions they don’t want to happen, if it benefits them.

Saying the system has no accountability for the way it allows anonymous actors to commit virtual financial crimes without fear of consequences is again, laughable. It’s a program, it should be judged on how it’s used. If a website allows people to post child porn, it’s just “a tool that’s being used and could be used to post art as well” oh well.

It’s purpose is what it does. I’ve never seen an “oppressed person” protect their money with crypto. By what mechanism would that happen? Wishful thinking?

The drug trade issue is soaked in capitalist libertarianism and any more socially libertarian / anarchist effects are purely derivative. Bypassing the capitalists government by going directly into the unregulated market.

When the “innovations” are made by people who claim to see themselves as liberators, but structure and use the technology only as a vehicle for scams, grifts, and other unregulated financial shenanigans, it’s kinda hard to see it in any other frame than who it helps and who it hurts. Overwhelmingly, crypto has shoveled money into the hands of those already wealthy.

Also being complicated & convoluted doesn’t make it good. It drains massive amounts of electricity for a heavily redundant proof of work system that has simple flaws like not handshaking wallet transactions. (You can just drop something into a wallet without the owner’s consent or approval, on ether.)

Also of course there is a political narrative. It’s a technology that’s trying to embed itself into society, it’s inherently political as a core goal. Lmao.

Don’t even need to cycle an original thought into something this dumb.

Bill Hicks - Gays in the Military

Tipping is optional but in the US many tipped employees are making $2.35/hr. They’re paid a minimum of min wage after tips, but their tips first have to cover them to minwage

Y’all can look around and see how little human life is valued. It’s not about humans, it’s about them and only them.

He isn’t considering it. He’s already made the decision

What is the relation between someone speeding in their car and a professor using a bad set of course materials?

Your analogy doesn’t really establish any causal or relational links. Both subjects are victims of America’s capital-dominated power structure?

Sure better decisions can be made, but how much can you blame the subject under duress? How much blood can you reasonably expect the parent or teacher to draw from the stone? At what cost of their health?

In my experience professors are heavily overworked and heavily underpaid. Offloading work onto other systems to get a better work-life balance seems like a natural response.

“died in custody” is one thing, it happens, people die.

But when it happens to dozens, hundreds, thousands of people a year? That’s America.