11–20 of 228 posts
Earlier quoted context omitted.
Please disapprove real estate, buying a house is really too expensive and it makes it difficult to find decent housing.
patiently waiting for a "vancouver real estate market drainer" phishing service that can cause a real world market crash.
So let me get this straight. You just connect your Wallet to a random website and let them run arbitrary smart contracts? That's wild, man. Surely there's gotta be some concern here that someone could take your shit. I'm just surprised there isn't a privacy.com equivalent for this, like a limited-view wallet that lets you create sub-wallets for interaction with various services. Or if there is, perhaps it's not famou…
Just like you could pay your phone bill with a prepaid Visa each month just in case they overcharged you.
Regulation can be bad, but it can also be good. People think of history like it was wonderful, but it was full of cons and scams. Reputation matters, and people with reputations charge a premium for it. Some of the best aspects of regulations is exactly to remove the reputation tax by mandating everyone follow the same practices as the trusted institution. The real sad aspect is that the crypto-libertarians of today…
Regulation can be bad, but it can also be good. People think of history like it was wonderful, but it was full of cons and scams. Reputation matters, and people with reputations charge a premium for it. Some of the best aspects of regulations is exactly to remove the reputation tax by mandating everyone follow the same practices as the trusted institution. The real sad aspect is that the crypto-libertarians of today…
Which usually points back to the companies/industries being regulated.
am I a bad person if I think that people buying the latest hyped NFT deserve to have their 'crypto' drained? NFTs of art images are such an absurdity.
Yes, people who spend their money on things you don't approve of deserve to lose their money.
It's more likely they think that the victims here had every available opportunity to exercise basic diligence. I'm not sure I actually agree with that (I think a lot of the people getting scammed here are being predated on by a market that thrives on misinformation), but that's a far cry from how you've interpreted the comment.
am I a bad person if I think that people buying the latest hyped NFT deserve to have their 'crypto' drained? NFTs of art images are such an absurdity.
NFTs are an absurdity, but millions are spend on advertising them to an unprotected public. That are the real culprits.
Scammers do not deserve to get any money, that's for sure.
So let me get this straight. You just connect your Wallet to a random website and let them run arbitrary smart contracts? That's wild, man. Surely there's gotta be some concern here that someone could take your shit. I'm just surprised there isn't a privacy.com equivalent for this, like a limited-view wallet that lets you create sub-wallets for interaction with various services. Or if there is, perhaps it's not famou…
Edit: and if you wanted to routinely transfer small funds to a hot wallet, gas fees will put a stop to the idea.
Earlier quoted context omitted.
Yes, people who spend their money on things you don't approve of deserve to lose their money.
Please disapprove real estate, buying a house is really too expensive and it makes it difficult to find decent housing.
Regulation can be bad, but it can also be good. People think of history like it was wonderful, but it was full of cons and scams. Reputation matters, and people with reputations charge a premium for it. Some of the best aspects of regulations is exactly to remove the reputation tax by mandating everyone follow the same practices as the trusted institution. The real sad aspect is that the crypto-libertarians of today…
btw "bad regulation" is usually due to regulatory capture [1] whether in legislation (ie, regulation without teeth, designed to fail) or in practice (ie, revolving door/corruption). Which usually points back to the companies/industries being regulated. [1] https://en.wikipedia.org/wiki/Regulatory_capture