POLL: Do you use Bitcoin?

[BORTZ]

Is that not just most economies and popular aspects of investment at this point?

Yes.
Crypto is just a worse way of doing it.

 

[Veho]

In reality you're nursing 1 bonsai tree @ 4000W a day and ending up with 1 tiny leaf to sell at the and of harvesting season.

Well now you made it sounds neat and quaint and cozy and more fun than it actually is.

Nothing, and I mean nothing I learn about Bitcoin, Blockchain, or NFTs makes me feel any better about my already dubious suspicions about crypto. Boiled down it's a ponzi scheme with a healthy dose of gambling and sunk cost fallacy.

Basically.
This video gets thrown around a lot lately, it's not a bad summary of the whole thing and could be worth a watch.

 

[BORTZ]

Well now you made it sounds neat and quaint and cozy and more fun than it actually is.




Basically.
This video gets thrown around a lot lately, it's not a bad summary of the whole thing and could be worth a watch.

I just watched that yesterday and went from cautiously suspicious to out right hostile towards crypto.

 

[Tsukiru]

Yes.
Crypto is just a worse way of doing it.

The entire current state of crypto is doing the same thing but worse, all while people (baselessly) hype it up as something that will change the future. I've had someone try to say the stock market will incorporate the blockchain based on absolutely nothing besides I guess it sounds cool...? And completely ignoring that the current state of the market is filled with scams. "So is the current system," yes and you're not showing the alternative is any better.

Not to mention how... I don't want to say cultish but I guess I can't find another word, cultish people get. They've taken phrases and words that have no greater value (GM, LFG, NGMI, etc.) and made them into winks and nods towards each other. And then they react no differently when they get faced with disagreeing people (making me feel like this) or just really big "us vs them" mentality (saw the use of "gridders" recently, whatever that means). Guess that's what happens when you make it your entire brand and personality and add .eth to your name.

I'll admit that other people aren't helping with possibly being a bit over dramatic with the harm done and immediate vitriol towards celebrities, who are likely being lied to about how things work, but also... can't blame them. I've seen artists and accounts get hacked out of nowhere and the most obnoxious people get on a high horse about it.

I've seen and been around MLMs and it's all the same attitudes and issues, but with a great massive push to fake celebrity hype because corporations and already-rich people like the sound of even more money.

 

[jeffyTheHomebrewer]

Tell me how best to get this bitcoin, even part of it.

First, you need to make a wallet.
Then, you waste your money on the fake money you want.
Then you watch it drop in value B)
(if you're "lucky" enough you may break even)