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

Post by popcorncowboy » Sun, Jun 19, 2022, 5:00 PM UTC

mancerayder wrote: post #265

popcorncowboy wrote: post #161

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…

>Nah. This line of reasoning excuses any activity one might be involved with because "it's just my job". This comes off as financially entitled, like there aren't pressures around rent and life expenses that take precedence in decisions around employment. Either you've taken a vow of not caring about money, or you already have enough (and assets) not to care, or you're naive about a uniquely lucky time we lived in wh…

Post by SergeAx » Sun, Jun 19, 2022, 5:06 PM UTC

bko wrote: post #207

wild-eep wrote: post #31

I left earlier this year, and worked in the space for a couple of years. I started with a neutral position on crypto, I didn't even think about it much. More like, its easy and pays well. But if people want to waste their money on tokens, go for it, but its not my cup of tea. Then I started to recognize that its predatory and actually not benign or harmless. It is taking advantage of people. It started to become gros…

> Then I started to recognize that its predatory and actually not benign or harmless. It is taking advantage of people. Can't this be applied for most jobs in social media, advertising, lending and discretionary spending?

Post by tzm » Sun, Jun 19, 2022, 5:24 PM UTC

Post by lupire » Sun, Jun 19, 2022, 5:36 PM UTC

ETH_start wrote: post #162

ogogmad wrote: post #114

Earlier quoted context omitted.

I'm still not sure why all of that is useful. A lot of clever infrastructure, but for exactly what? Also, it's worth reminding people that ETH might be useful, but still worth less than its current price. There's a ton of speculation propping up the current price.

Right now Ethereum is only useful for niche applications, like using your ETH as collateral for an autonomously issued DAI loan. This is because its disadvantages, like lack of privacy and very limited throughput capacity, make traditional finance better for all but the highest value blockchain applications, where the extreme integrity of process provided by its highly redundant and collectively managed ledger outwei…

Post by hirako2000 » Sun, Jun 19, 2022, 6:19 PM UTC

cldellow wrote: post #249

hirako2000 wrote: post #226

Earlier quoted context omitted.

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 some…

> the main original author of this software was/is a hero in the fight against system oppression ...is this a reference to Assange? IIRC, his contributions were ~0.7% of the commits in 1996, focused on psql and libpq. Promoting him to "main original author" is quite a leap.