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"Regulations are NOT the solution to low-quality food. Bitcoin is." - this guy. (lemm.ee)

submitted 1 month ago* (last edited 1 month ago) by [email protected] to c/[email protected]

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[–] [email protected] 106 points 1 month ago (3 children)

One of the biggest realizations I had in High School is there are two kinds of people who hate bullies: those who don't think bullies should exist, and those who want the bully's power for themselves.

So it it with crypto. These jerkoffs don't want to crush the corrupt monetary system, they want to supplant it with their own scam.

[–] [email protected] 45 points 1 month ago (1 children)

It's a movement driven in no small part by rage. By people who looked at [the financial crash of] 2008 - who looked at the system as it exists - but concluded that the problems with capitalism were that it didn't provide enough opportunities to be the boot.

All credit to Dan Olson's masterpeice video Line Goes Up - The Problem With NFTs. Now, if you'll excuse me, I've got to go watch the whole thing again.

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago) (1 children)

Danny O. is a treasure

[–] [email protected] 2 points 1 month ago

I still occasionally get the gurdy gurdy music from In Search of a Flat Earth stuck in my head, particularly the sting from "they're all going to Qanon"

[–] [email protected] 16 points 1 month ago (1 children)

Yep, anyone who wants to change the rules stands to benefit from that change. It wouldn’t make sense otherwise.

[–] [email protected] 15 points 1 month ago (1 children)

There's also the possibility they're just a good person.

[–] [email protected] 8 points 1 month ago* (last edited 1 month ago) (2 children)

They would presumably still gain by changing the rules for the better.

[–] [email protected] 9 points 1 month ago

Right? They at least get a warm fuzzy.

[–] [email protected] 6 points 1 month ago

In a much more intangible way than, say personally enriching one's elf, but yes. You are technically correct.

[–] [email protected] 11 points 1 month ago

Oh it's like sovereign citizens