101–110 of 147 posts
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Water enables drowning.
Water is required for life. Crypto has no legal reason to exist.
Kitchen knives are not required for life, but they enable murder.
I find cheerleading really unnecessary, but it leads to 20K injuries amongst adolescents every year. Why is nobody stopping this?
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This is the first time in the history of humanity that the country leaders can be bypassed and money could be sent peer-to-peer between geographies. There is just no precedent to this (you can't send gold / USD bills on the borders, and when there are banks involved, the leaders could always stop it).
> This is the first time in the history of humanity that the country leaders can be bypassed and money could be sent peer-to-peer between geographies. There is just no precedent to this [...] "Hawala as a legal concept came to be described as early as 1327, according to Schramm and Taube,[5][6] though the actual practice has existed since the 8th century [...]" https://en.wikipedia.org/wiki/Hawala
Tron was the most obvious shitcoin in 2017 already. Justin Sun announcing announcements was a common meme back then. John McAfee was promoting it. It is astounding that some people still take this obvious joke serious.
I have the feeling that as more people find out crypto is not a way to get rich quick the interest from mainstream society will dwindle. Cryptocurrency was and still is being shilled everywhere and FOMO is real.
Venezuela's inflation rate was 1,700,000% in 2018.
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Biden is not a spark of hope. There is a reason Obama didn't endorse him quickly. Note that he wanted to start the Russian war when Russia invaded Crimea in 2014 as a VP but Obama had to personally intervene and veto the war because he knew instability in that region would blow up. Biden is nothing like Obama. He is an old timer who has zero mental cognitive ability beyond trying to save his son's investments in Ukra…
> beyond trying to save his son's investments in Ukraine The only thing I’m aware of is that Hunter was a non-executive director of Burisma, a private oil company, but that he resigned in 2019 during Biden’s election campaign and 3 years before the war. Anything more?
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So traditional banking systems are good now? Depends being very invasive to privacy and being a tool of mass surveillance?
Whataboutism isn’t an argument, it’s just a silent admission of guilt, trying to make people look the other way. Criticism of our existing financial systems is valid but it’s a different topic, it does make society happen and has tremendous value. Crypto has negative value. It undermines society, and it actively facilitates crime.
No, the financial system is the reason Bitcoin was created: state and banks are cooperating to debase the national currency.
Crypto undermines tyranny, not society.
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Whataboutism isn’t an argument, it’s just a silent admission of guilt, trying to make people look the other way. Criticism of our existing financial systems is valid but it’s a different topic, it does make society happen and has tremendous value. Crypto has negative value. It undermines society, and it actively facilitates crime.
Whataboutism is whataboutism. Attempting to invoke the thankfully largely-discarded concept of "whataboutism" is actually just a kind of backhanded ad hominem used to avoid making a real argument and instead try to make people "look the other way". Criticism of the existing financial system in the context of discussing a proposed replacement for it is about as related a discussion as possible. Simply stating that all…
Cryptocurrency, as a thing, just needs to go away. How many people have to lose their life savings before we admit a bad idea? All so that NK can pay for nukes, people can buy drugs and extort people on the internet. We’re not making the world a better place here, folks. Good effort, but no. Let’s stop now.
Bitcoin was created partly as a reaction to public funding of private cronies (see the genesis block coinbase). If the national currency is debased like this, at the expense of the general public, clearly the government is not doing its job.
Bitcoin makes it so that the supply is well-known in advance, and only the owners can spend the currency.
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So traditional banking systems are good now? Depends being very invasive to privacy and being a tool of mass surveillance?
Whataboutism isn’t an argument, it’s just a silent admission of guilt, trying to make people look the other way. Criticism of our existing financial systems is valid but it’s a different topic, it does make society happen and has tremendous value. Crypto has negative value. It undermines society, and it actively facilitates crime.
"EThe Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
The financial system is explicitly on topic when discussing Crypto Currency.
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I have the feeling that as more people find out crypto is not a way to get rich quick the interest from mainstream society will dwindle. Cryptocurrency was and still is being shilled everywhere and FOMO is real.
It may not be a get rich quick scheme, but it's certainly helpful in countries with oppressive inflation, in spite of its 80%+ crashes. Venezuela's inflation rate was 1,700,000% in 2018.
Cryptocurrency, as a thing, just needs to go away. How many people have to lose their life savings before we admit a bad idea? All so that NK can pay for nukes, people can buy drugs and extort people on the internet. We’re not making the world a better place here, folks. Good effort, but no. Let’s stop now.
Give me a digital payment option without kyc or a risk of "assets are frozen because ____ gov said so" then we'll talk.
As an adult, take responsibility for the consequences of the risks you take. If it isn't crypto the it is the race tracks or lottery. High risk, high reward and you knew that getting into it! No one forces you or tricks you into using crypto.