> And then, also last week, @CryptoCobain, one of the most popular users in the pocket of the internet largely known as “crypto Twitter,” threatened to start minting NFTs of the avatars of anti-crypto furries that right-click and save people’s NFTs.
Man, if this is not a steampunk dystopia, I don't know what that is.
> then called him a luddite for not being ok with it.
yeah, my jaw dropped. Holy shit.
Every time I enter the crypto twittersphere, I'm more convinced it's all just a huge cult. Half zealots and true believers and half trolls. Much like QAnon. "You don't understand it's the future!" No, no I'm quite capable of understanding. The internet brought a lot of like-minded people together under a shared mass delusion.
> This is one of those scary things with a cryptocurrency based society that I worry about.
No, not really. It is the same kind of story as people putting all their money in a bag in a chimney to find out their family decided to finally lighten the mood by making a fire in long unused fireplace. It is an actual story about my neighbour when I was a kid.
People have been doing stupid things with money for thousands of years.
You can store crypto safely. It is essentially the same problem as storing encrypted backups. It has been solved.
As much as I hate cryptocurrency, I would actually be more at peace having lots of crypto than lots of stock on my account (if not for the fact that crypto is just a scam).
People in crypto are delusional that it can somehow save the world from itself, at least they believe this in the bear market, and of course as soon as the bull market comes they flip ideology and rotate into fiat.
The Cryptosphere is a sess pit, full of scammers wanting to get rich quick. They will pump money into NFT platforms, not because they care about "funding the arts", but because they want to jump on the next hype train so they can flip some meaningless and hideous procedurally generated art by some 14 year old kid who wrote a script.
This is what it comes down to IMO. Anything cryptocurrency related is just surrounded by a cloud of shady characters and scammers, even though the tech is legit. You just can't trust anyone, nor their intentions. Living your life and working in a constant state of paranoia like that is awful.
> Examples here are (again) the cryptocurrency scene which has been pretty good at othering critics as “no-coiners” or lately with the phrase “have fun staying poor”.
I’m somebody that spends a good deal of time thinking deeply on cryptocurrencies and the implications to society. I believe they a positive, revolutionary step in the right direction of human liberty. And I’ll gladly acknowledge that it’s still speculative until it’s not.
But crypto, like any other movement, attracts total scumbags. It’s unfortunate because people who speak negatively only serve to undermine their group - whether it’s crypto or a social cause group etc. and often they, themselves, are the insecure ignorant one that don’t even deeply understand what they’re fighting for.
> But when you come across someone on Twitter with a hexagon-shaped profile picture, your chances are at least as good that you’ve come across someone in the first bucket than in the second
Ah so this is about twitter culture. I agree, it is strange that people showing some outward interest in crypto are ignored.
These conversations basically go like this
<user with nft monkey avatar>: thats not accurate, the flash loan was used to borrow and acquire a bunch of the governance token and then launch and pass an emergency governance proposal and the primary issue is that the protocol allowed for this to occur in a single block, not the flash loan
<user with predisposition that requires crypto to be bad>: you have an NFT profile picture your opinion is invalid! I just screenshot it!
so the technical person that could improve understanding is surrounded by perpetual ignorance
> Write about Cryptocurrency in the style of Twitter user jacksquaredson
< "Just made a killing on crypto! #HODL #Bitcoin #Ethereum"
< "Crypto is the future of money. Ditch those outdated fiat currencies and join the revolution! #decentralized #blockchain"
< "Don't miss out on the crypto boom! Invest now and thank me later. #cryptocurrency #digitalassets"
< "Crypto may be volatile, but it's also where the big gains are at. Don't be afraid to take risks. #cryptotrading #altcoins"
< "Some people still don't get it... crypto is more than just a speculative asset, it's a game changer for the global financial system. #cryptoeducation #innovation"
> Why is that in the style of Twitter user jacksquaredson
< The style of writing chosen for the previous response is meant to mimic the language and tone commonly used by Twitter users who are enthusiastic about cryptocurrency. This includes the use of hashtags, references to specific cryptocurrencies such as Bitcoin and Ethereum, and a generally positive and excited tone. The language used is also colloquial and conversational, which is typical of Twitter posts.
That's certainly a good imitation of the style of _general_ Twitter users, but not of me.
I mean, absolutely. But let's not pretend that the whole blockchain bubble is a "nerd" (in the tech sense) thing. It hasn't been since like 2014. It also isn't an "interest of some", the cryptocurrency people very much want to force this dystopia and snakeoil technology onto everyone. All so a few people can make a lot of money.
>I’m blown away by how anti-crypto this discussion is. I hadn’t realized how negative the prevailing sentiment is on Hacker News.
There was a dream that was crypto once upon a time. It is now exclusively the domain of organized crime, grifters, and every imaginable permutation of ne'er-do-well you can possibly scrape up on the web. The entire space sickens and disappoints me.
> I guess I just don’t understand why it gets people so riled up in either direction.
NFTs are fashionable right now and some people love to attack fashions. Multiply that sentiment by the fact that many (most?) don’t understand crypto or at least the attraction to it. Raise that to the power of the tribal dynamics this issue has assumed under increasing media and political scrutiny. An issue ripe for the obsessions of our time.
Man, if this is not a steampunk dystopia, I don't know what that is.
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