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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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

submitted 2 days ago* (last edited 2 days ago) by [email protected] to c/[email protected]

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[–] [email protected] 104 points 2 days 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] 43 points 2 days 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 day ago* (last edited 1 day ago)

Danny O. is a treasure

[–] [email protected] 17 points 2 days 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 2 days ago (1 children)

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

[–] [email protected] 7 points 2 days ago* (last edited 2 days ago) (2 children)

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

[–] [email protected] 5 points 2 days ago

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

[–] [email protected] 8 points 2 days ago

Right? They at least get a warm fuzzy.

[–] [email protected] 11 points 2 days ago

Oh it's like sovereign citizens