sleazy24
sleazy24 t1_j00fn4j wrote
Reply to comment by twohundred37 in Former FTX CEO Sam Bankman-Fried refuses to testify before Senate, committee says. by AdamCannon
Fair enough, fiat isnt perfect. Could crypto and fiat exist in some sort of harmony? Chaos and order haha. Hopefully but I really don't like the prospect. I'm really considering buying big chunks of gold at this point...
sleazy24 t1_j00efv3 wrote
Reply to comment by twohundred37 in Former FTX CEO Sam Bankman-Fried refuses to testify before Senate, committee says. by AdamCannon
It's not a waste of time to have these discussions. I appreciate you taking the time to respond. I see some sort of value in blockchain but what we're currently doing with it is STUPID. We can't allow ourselves to sink into the metaverse, we need to build shit in our communities, in 3 dimensions. It pains me to see so many intelligent, talented people move to LA to sell virtual property and shit omfg... We all know the 'crypto utopia' people envision leads directly into the cyberpunk dystopia we all (should) fear. See: the #1 nft CryptoPunks... I know there's more to blockchain than the metaverse shit but we already have systems of recording transactions, interacting, making agreements. Not everything needs to be on the blockchain. I'd argue almost nothing does besides some complicated supply chain stuff maybe. But even then it's all about the Benjamins.
Dude why do you think centralized exchanges take off like they do? Because who wants to bother to protect their own funds?? I trust the US banks because theyre human beings with feelings who will hopefully not fuck me over. I cant say the same about any of the crypto exchanges ruled by cold permanent code by dudes on private islands
sleazy24 t1_j00avw3 wrote
Reply to comment by Temporary_Draw_4708 in Former FTX CEO Sam Bankman-Fried refuses to testify before Senate, committee says. by AdamCannon
Dude tell me why any of this is necessary? We have currencies. Why would anyone need a different currency for every step of a financial transaction?? So that grimy vampires can suck out value every step of the way. Gas fees, conversion issues, using tons of electricity, all for NOTHING. I've yet to see anything of value actually come from any of these coins. Because people think the coin itself is going to make something cool, I guess? I was a part of what I thought to be the coolest project I could find, Arpeggi Studio. On Chain Digital Audio Workstation, mintable original music. And my experience with those vampires killed every hope I had for crypto. As soon as I showed even a small amount of skill, they jumped on me to make money for THEM. Do work for THEM. Because every crypto bro is either a talentless dweeb or a stoner loser. That's why they dive into all of the 'tech' which is absurdly convoluted by design so that only the people in the know can properly navigate the system.
sleazy24 t1_j008te2 wrote
Reply to comment by twohundred37 in Former FTX CEO Sam Bankman-Fried refuses to testify before Senate, committee says. by AdamCannon
>I have a feeling you got burned, or missed the boat.
Do you not realize this is the exact FOMO gospel crypto bros NEED you to continue to regurgitate? Yeah sure, anyone critical of crypto is either a loser or upset they didn't manage to scam somebody else. I made some money and lost some money just like everybody else, and you know what? I realized at the end of the day it all comes back to USD, you know, the currency people actually respect because there are human beings backing it. Trust. Fuck a trustless system. Why? Because you get this exact scenario over and over and over, with no way to get any of it back... Just trust the code bro, we double checked it!! Meanwhile the people with access to the funds screw everybody over because EVERYONE IN CRYPTO IS IN IT FOR THEMSELVES. Rinse, repeat. WAGMI my ass BRO. Get a real job and create something of actual value instead of stupid jpegs you fucking dweebs lol. How many billions of dollars changing hands daily and for what?
>The market
What market? Jpegs? Its all bullshit bro, youre either a scammer or scammed. Holy shit the entire thing is useless and ret*rded lmaooo. I'll kill myself before I pay for groceries with WhateverthefuckCoin. In GOD we TRUST you damn heathens....
This has been your daily dose of FUD. Thanks for reading.
sleazy24 t1_izzj6tj wrote
Reply to Former FTX CEO Sam Bankman-Fried refuses to testify before Senate, committee says. by AdamCannon
Crypto isn't investing, it's gambling. How much money can you extract through producing trust and hype before pulling out and moving on to the next project (grift). Crypto is designed to allow for circumvention of all the existing rules of finance. Everyone involved knows this. His friends are gone, the moneys gone, poof. I don't give a shit about Sam or any of the people who lost money.
sleazy24 t1_j00ja7p wrote
Reply to comment by twohundred37 in Former FTX CEO Sam Bankman-Fried refuses to testify before Senate, committee says. by AdamCannon
Heck yeah man we always have to strive to find some kind of middle ground. We all offer different perspectives and I know i have bias from my own experiences, not that I haven't had pleasant interactions in the crypto space as well. We all want financial security and accountability for the people with power and influence, and maybe crypto will play a role in a new system. Fingers crossed man. Good luck out there