Im still not convinced that crypto is worth it. It seems like just about everyone either loses money in crypto or makes very little, chasing a dream laid out to them by some youtuber who is part of the very small group to make any nice amount from it. Just seems too volatile and sketchy
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Im still not convinced that crypto is worth it. I
That's because it isn't. In fact it is a completely destructive concept, which utilises a shitload of energy which could have been better applied elsewhere, and only facilitates scams and other crimes.
Crypto is basically a ponzi-scheme. I made a little bit off of it, then sold too early. Then bought back in, and sold way too early. Then bought back in, then lost a lot. The only real benefit is anonymity, which I don't really need and only really benefits criminals. I don't see it taking over if someone like the EU introduces fee-free digital transactions.
Most crypto is only pseudo-anonymous. One identified transaction and everything becomes public.
In 2024 Illicit volume dropped to USD 45 billion, down 24% since 2023. This represents 0.4% of overall crypto transactions
elders
1990
It's not "brain melting". Even watching the internet go from "this is super neat, and way cool" (For nerds) to "Well, it's ALL going through enshittification now" wasn't "brain melting", it's just what happens under capitalism.
Going from seeing nothing but possibilities when I heard about some new device or software coming out to dreading what they are going to remove or break has been one of the most depressing parts about my life.
Hell, I was looking to replace my 10 year old mouse last weekend and couldn't find one that was equivalent or better. I even asked people who were more into computer shit than me and I felt like I was taking crazy pills reading their responses. I ended up just fixing the problem myself rather than replacing it.
"before 1990" ffs. I was expecting "before 1960"
I've been called an "elder millennial" before and I thought that was funny. But just "elder"... bitch, fuck you!
I don’t expect them to understand crypto. No one expects them to understand crypto.
I expect them to understand FUCKING FASCISM.
Apparently I'm an elder.
The shifts in tech were easy.
It's the repeated economic punishment, school shootings, terrorist attacks, and political dive bomb this country has put us through that's been tough.
Noone is expecting you to understand crypto, but I hear this about modern technology in general all the time and I just don't buy it. It's only brain-melting if you've spent your entire life being deeply incurious. There are 80-90 year olds who understand this shit just fine because they bothered to keep up.
Nobody is expected to understand crypto. Same with the stock market and generally the economy. If it was simple and see thru you couldn’t run this many scams.
My grandparents lived in houses before electricity and lived long enough that computers in their pocket could talk to them. Hopefully it is a few centuries before that much happens in 103 years
I’m old enough to remember going to Hollywood video or blockbuster with my grandma on Fridays. Have a movie night. Those were some amazing memories.