371–377 of 377 posts
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If bitcoin was the only crypto, maybe, but there is an infinite number of possible crypto coins.
There's an infinite number of fiat currencies. There's a dozen different precious metals. What's your point?
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Unless there's more to the story, IMO the onus is very much on the person who procures seafood every day to explain when a dish is out-of-season.
People don't make decisions based on "onuses."
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^ Exhibit A: commenter fails to recognize that there are sometimes good reason to temporarily limit rights, such as to limit the spread of infectious diseases, because commenter knows very little about public health or epidemiology. Commenter believes that anytime rights are limited, it's for a nefarious purpose, and it can't possibly be for a good reason. How's the syphillis and HIV treating you? Oh what's that? You…
I don't live in a society where they force vaccinate hiv or syphilis patients. Are you living in Africa? People who have hiv or syphilis do not get fired from a working from home position with the Canadian government because they refuse to take a vaccine. Your worldview is limited.
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"the crypto mining industry collapsed..." It did not collapse. Only GPU mining collapsed (shitcoins). ASIC-based mining is going strong (Bitcoin). Disk-based mining is going strong (Chia).
Hmm? Chia seems to be a clear failure. The price and market cap both collapsed. https://www.coinbase.com/price/chia-network tells me the latest daily volume is less than $5M USD.
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As opposed to the incumbent socioeconomic system, wherein "people should be scammed out of as much money as possible" is the rule of thumb.
A system that has produced 25 million millionaires in the US alone is doing a bad job of scamming people out of money.