I feel bad for the thousands of people who have been tricked by others to “believe” the hype of crypto. And now their hard-earned money (for proletarians, bourgeoisie should be funding public initiatives with no tax breaks) has been taken for “gas fees”. Pump and dump game for real.
I do think it was necessary. And I really hope it was a wake up call for those peddling it as the new solution. https://twitter.com/bitandbang/status/1525163234159886341
Once in a while, I'd think about how we could house and feed everyone in the world, but we spend more money on war, convincing people that luxury levels are a “thing” we should aim to have/go for and that it's always a good idea to take from people versus working with them. Thanks, Adam Smith and Satoshi Nakamoto, y'all done so much “good” for the world.
On Crypto
On Crypto
In 2013, in the wake of the boom of the canonical “BitCoin,” using some of the same technological principles but tapping into contemporary internet-meme culture, “DogeCoin” was born. Despite its origins as a joke, on 5 May 2021 it reached a market capitalization of…
Crypto's for "capitalists who despise workers and self-hating workers that desperately want to become capitalists". That sums it up just about right. https://redsails.org/on-crypto/
There's a DAO for Earth https://www.wallet.earth/ if you wanted yet another way to do nothing about climate change but tell people that you are, but with crypto!.
If you work in crypto, you're working in inequality by design. But hey, get “rich”! Mint all the things! Exacerbate the wealth of the initial coin holders for the sake of “no banking”! Expensive gas fees are way better than instant card transactions! https://www.nytimes.com/2022/01/31/opinion/crypto-nfts-inequality.html
Now I have even more reason to delete Instagram. https://www.engadget.com/mark-zuckerberg-confirms-nf-ts-are-coming-to-instagram-204435805.html. I have a backup of what I want, just need to backfeed.