71–80 of 139 posts
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Bernie Madoff's investments had a lot of utility and momentum for decades, too.
This is true but his records were well hidden, and the Bitcoin ledger is public.
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Software engineers are just normal people. Our brains are not "special." This (objectively incorrect) mental model of software devs is very harmful if you want to actually understand things going on around you.
Nah. I assume you have friends inside and outside of software? Software people are just different from the normal person. Way different. I couldn't put my two friend groups together. Are they "special?" Maybe, maybe not.
How... how did he think this was going to turn out? You fake your death, then run to mommy & daddy's house, and hope no one finds you? And just keep the cash?
Criminals, by and large, are stupid. They don't think it through. They just do stuff. Most people who worry about silly little details such as "consequences" don't go into crime.
Survivorship bias because you can only observe the ones that are caught. I'm sure plenty of criminals have successfully faked their deaths.
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You can keep telling yourself that, but there's enough utility and momentum behind it that it is not going anywhere. I'm saying this as a person with no stake in the matter, just observing from the sidelines.
What is the utility behind it? I don't see people using to actually do any transactions because of the volatility and fluctuating transaction fees. Scams can have momentum behind them
I would argue that people make more purchases with Bitcoin than they do with gold.
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I hope he gets the help and relief he needs. In someways a brain with a penchant for software causes more trouble during mental health crises than one who doesn’t. Especially if they’re into crypto.
Software engineers are just normal people. Our brains are not "special." This (objectively incorrect) mental model of software devs is very harmful if you want to actually understand things going on around you.
In my observations, the average software engineer is more likely to be persnickety, caught up in small details, and obsessive than the average person. We're more likely to split hairs than most people would care to, and proper labeling and categorization is much more important to us than average person.
It's not that software engineers are somehow magical or special, it's that there is a selection bias to become a software engineer. It's extra not special, because the same thing happens for virtually any specialized field. There are famous stereotypes about the personalities of psychologists, for instance.
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What is the utility behind it? I don't see people using to actually do any transactions because of the volatility and fluctuating transaction fees. Scams can have momentum behind them
Again, I'm going to mention that I'm looking at this from the sidelines. I would argue that people make more purchases with Bitcoin than they do with gold.
It has plenty of utility, though. Open up any electronic device.
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I don't know what I expected, but I sure was not ready for my eyes to bleed this much at this hour: > CoinMarketCap is dropping diamonds, fam! This airdrop is rugproof, ready to pump. Stack free bags!
You missed the URL for that one: > $ZEREBRO penispillreviews.com And yeah, that looks like an actual crypto website. This is bizarre. It's like they're rolling with the "we're totally a scam" angle.
So some suckers will fall harder if they know you're a scam, my theory.
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Criminals, by and large, are stupid. They don't think it through. They just do stuff. Most people who worry about silly little details such as "consequences" don't go into crime.
Criminals that are caught are stupid. Survivorship bias because you can only observe the ones that are caught. I'm sure plenty of criminals have successfully faked their deaths.
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Not sure if all crypto is a scam necessarily, but sure that world is chock full of scammers trying to out-scam each other.
the dynamics of the crypto market seem to push non scammers out. im not sure whether this is gresham's law or the dynamics of a lemon market in action or what though.
the dynamics of the crypto market seem to push non scammers out.