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Ask HN: Feel bad about working in crypto, what to do?

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221–230 of 345 posts

Re: Ask HN: Feel bad about working in crypto, what to do?

#221

I've been in crypto since 2014. I just had the California Franchise Tax Board literally steal money out of a bank account of mine without any warning or notice. They left $0.01 in there and charged a $125 fee. I found out today they are claiming I owe taxes from when I wasn't even living in the country (and I was paying taxes then too!). In 2021/2022, I paid more taxes than I ever have in my life. I even over paid ju…

Yah bc when you get scammed in crypto no one can get your money back! Lmao.

Re: Ask HN: Feel bad about working in crypto, what to do?

#222
post #210

Earlier quoted context omitted.

> I don't foster any negative feelings towards developers per se. A job's a job Nah. This line of reasoning excuses any activity one might be involved with because "it's just my job". Doesn't work like that. The idea that you carry zero moral (or ethical or even legal) culpability because you're drawing a paycheck and being "told" what to do is what every person working for the companies that are deeply damaging our…

If a job doesn't hire you because of the industry you worked in rather than lacking skills, then they're doing you a favor. Purity tests are bad and most successful businesses can't afford to apply them. And if they did they would be selecting for a toxic personality. You may pass your own purity test, but you're likely to find some employee that has a qualm about some choice of yours. Avoid places like that

It doesn’t need to be a “purity test”. It’s sufficient that if there are multiple candidates with seemingly roughly equal skills, the one not having worked in crypto gets the job because they seem slightly more likely to be a good cultural fit.

Re: Ask HN: Feel bad about working in crypto, what to do?

#223
post #107

Earlier quoted context omitted.

I can also ride a car without a seatbelt and ignore the soul crushing speed limits and it'll be way better for me to get places faster. How is that not the future? Taking an existing process and removing safeguards that were added over time for good reason doesn't make something the future unless you can prevent the original problem in a new better way. If your solution is to just ignore the problem exists, it's hard…

This is close to the speed vs time argument that does go into city and highway speed limits. Notice how no nation caps their speed limit closer to a 0 fatality level?

Most or all developed nations require strict and improving designs to new cars to help with safety. Better example IMO.

Re: Ask HN: Feel bad about working in crypto, what to do?

#224

I'm wondering if there is anyone working at GAMMA (Google, Apple, Microsoft, Meta, Amazon) who also worries about the "constant backlash from the public" and if they feel bad about all the abuses their employers make, or if they just laugh all the way to the bank and get to develop a conscience when their companies face financial trouble. Nah, who am I kidding? Who cares about the evil stuff done by BigTech? The mone…

I'm almost certain I could get a job at Facebook and make some good cash but I don't for these exact reasons.

Re: Ask HN: Feel bad about working in crypto, what to do?

#225

Don’t worry about what the public thinks. Does your work align with your values? Do you feel it’s ethical and doesn’t take advantage of people? The public morality once thought it was unethical to help humans escape slavery. It is not a good barometer, especially when the tide against crypto has turned strictly because it stopped making speculators and scammers cash.

In my social circles, there has been intense negative sentiment against crypto consistently since 2016. Is there really a “turning tide”?

No. If anything it is getting worse. Previously not many people knew much about crypto to care. Now plenty do.

Re: Ask HN: Feel bad about working in crypto, what to do?

#226
post #174

Earlier quoted context omitted.

Be your own bank cannot be solved by a plain database, as it doesn't ship with the trustless features most blockchain networks offer. The network is there. When bitcoin came out it solved that problem but the network took years to expand enough to guarantee integrity. That's what has been happening in crypto, in the early years, network expansion, fed by speculative investment (speculation can have its merit, see). T…

What problem does being your own bank solve? You're posing crypto as a solution to crypto-defined problems that no one actually has. How does crypto improve my life? How will it make me happier, healthier and how will it help me contribute more to the wellbeing of others and the planet? I can easily answer this question for PostgreSQL.

Well over 1B people remains unbanked, either excluded from banking or due to non intentional accessibility issues. That alone means crypto may be a solution to a signicant issue so many are having. Would that be enough?

Even among the banked, and in the very developed world, the traditional system has caused the loss of people' life long savings, loss of the ability to even continue business operations, that day someone in a centralised office decided it was OK to unilateraly freeze their accounts without notice (the many reporting their anecdotes but somehow rarely making mainstream news), or even the sudden withdrawal of the funds for dubious or faulty reasons (Greece, and other countries which faced economical turmoils and saw even democratically elected administrations basically steal people's money to recover from their own mismanagement flaws).

If you aren't impacted by any of the freedom and justice proven serious freedom and justice infringements listed above, which sometimes put people in life threatening positions, at least of financial tremendous distress, then Good for you! If you don't see any benefit in adopting blockchain technologies in your day to day life, fine! It will come around. And for now, billions would disagree with your perspective.

On PostgresQL, amazing solution,my favorite RDBS I think. Worth pointing out the main original author of this software was/is a hero in the fight against system oppression, he would probably have to say that PostgressQL is a beautiful solution for what it solves, and that blockchain is a revolution pending to solve many other issues, if only he could have access to this thread and not be inhumainly restrained in jail for many years with very questionable treatment, decided by the same clique of tyrants who sold us the banking system we still have today.

Re: Ask HN: Feel bad about working in crypto, what to do?

#227
post #194
post #186

Earlier quoted context omitted.

Two things: 1. Yes, healthcare was the only thing I could think of that would qualify for me personally. Pretty sure I've never seen a job like that in my area though. 2. Is "Andy" an actual concept outside the Ice Poseidon community? I wonder if people realize where it comes from and how toxic/racist it is. It basically started with Andy Milonakis being on Ice Poseidon's stream and then every non-white person who jo…

I have zero idea what the ice poseidon community is. I always presumed it comes from Toy Story, with Andy being the annoying cowboy

Pretty sure it comes from Ice Poseidon but could be wrong: https://knowyourmeme.com/memes/andy-slang

Re: Ask HN: Feel bad about working in crypto, what to do?

#228
post #149

Earlier quoted context omitted.

If you don't mind, how do you make money? I assume DLT means distributed ledger technology, and the monetizeable problems this solves seem scarce to me (except the grifts bothering OP)

There's lots of ways to make money, actually. You just have to let go of the idea that you need to create value 'on chain' in some kind of fancy economic model, like DeFi, where you are on top of some pyramid. DLT to us, is about trust. Not about the technical solution. It's an endless discussion between 'it could just as well be a database', yes it could. But to get competing parties to cooperate in a meaningful and…

Right, but that's very abstract. So what value do you manage to add? Should I assume you develop custom/bespoke Software where two slightly distrustful parties have to share write/read access and use DLT to make it easier for parties to agree?

Re: Ask HN: Feel bad about working in crypto, what to do?

#229
post #211

Earlier quoted context omitted.

Sure I guess since they're voluntary. Much harder to opt out of big social media or ad agencies. But that makes my point even stronger since no one is forcing cryptocurrencies down your throat.

Social media has benefits (as much as we love to hate it) whether you agree or disagree. Crypto at this point is scams and get rich quick schemes. Not the same comparison.

Crypto has benefits. It's entertaining and some projects are kind of clubs which is fun for the participants. Also the technology is interesting at least to me. I learned a lot playing around with smart contracts and writing bots.

Some people get hurt and you could think the scammer portion outweighs the benefits. But saying there are no benefits is wrong

Re: Ask HN: Feel bad about working in crypto, what to do?

#230
post #60

Zoom and Netflix both lost 60-80% of their value in the last year and I don't see anyone declaring them dead. I don't work in crypto but I think there's a bit of a knee jerk reaction to seeing all the vaporware projects being wiped out (rightfully so). Consolidation and pruning of wasteful projects is good. If you feel like the work you're personally doing is positive, then don't worry about people dancing on the gra…

ETH has been a legitimate technology with real use cases for a decade now and all we’ve got is jpeg’s of apes. With the amount of real money, talent and hard work being pumped into this space we should have seen the use cases materialize by now. But there’s nothing. I’m sure someone uses it for something real, but I haven’t seen crypto actually solve a real problem any better than a plain old database. Please correct…

Can you tell me a completely centralized alternative to the Brave/BAT ecosystem?

Block ads, reward creators, and get paid. No big tech company is paying their users or doing machine learning locally so they “can’t be evil.”

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