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Crypto is not magic. Bitcoin is worth something cause some investors put money into it. But investors didn't put money into it for your sake. They put money into it to make more money. Meaning, someone has to loose money in all of this. Big investors are usually pretty smart and have plenty of experience in trade. So don't jump to conclusions it's them.
So if you made it in crypto, then someone else lost it. Who was it?

@fluffy
>Circle USDC which are pegged to the dollar like the chinese yuan
wait... I'm completely baffled right now. I thought the entire premise of crypto is to remove reliance on USD. But your tying crypto value to USD? (well, not YOU specifically, but you get what I'm saying right). How does that make sense?

>the power consumption is rapidly being resolved
Great. But so far no one has heard of Terra, Avalanche, Polygon etc., and the most common one you see everywhere is still beta Bitcoin. Whenever someone like Mozilla markets that they take crypto, they still advertise Bitcoin & Ethereum at best.
Your claim of "power consumption being resolved" is all the more reason to shit on Mozilla. If there are indeed better solutions, why didn't they research them and advertise those instead?

>but would someone like graf have been able to do what he did with poa.st
I don't know much about graf or poa.st. If you're claiming he used donations to make poa.st... well... are you telling me donating money was not possible before crypto?

Or maybe he's a miner, and mining "raised an entire generation out of poverty"... in which case, I don't believe that someone with the skills to understand crypto and maintain the hardware & software for it "would never have had a shot at it".
And if the skills to do this are not transferable to anything else (which I HIGHLY doubt), then fuck 'em. In that case you'd be defending an industry just because it gives some people something to do. You might as well say we shouldn't replace coal energy because you leave miners out of a job, and otherwise they are useless and doomed to poverty.

Now that I think about it, what's even the point of paying someone in crypto, if you know they'll just convert it immediately in state currency, and you're likely buying it yourself with normal currency in the first place? How exactly are you subverting the USD and bank system, when for every bitcoin transaction there can be up to 2 regular bank transactions taking place?

Yes, there is the potential to make a parallel crypto economy, so that you have bitcoin transactions that don't cause bank transactions. If the payer has a decent store of bitcoins, and the receiver uses the payment to pay others. But I've yet to hear of bigger companies that receive crypto payments/donations say they'll commit to pay wages in the received crypto, or their bills or whatever.

I do wander though, would the average employee agree to being payed in crypto, and would the average company want to risk holding on to crypto?
I think bitcoin rate would stabilize if more people used it more like currency, but would people be willing to take the risk now, hoping that things improve in a few years?
At this point, it's not like bitcoin is that new anymore.

@fluffy
I mean... I already stated my biggest beefs, since they were the first to come to mind.
Another beef (that I still hope it will resolve itself in time, but I constantly get proved wrong) is that crypto has yet to actually stabilize itself to where it would work well as a currency. The market fluctuations are no where near what you'd want from a currency, but rather what you'd want from a stock. Which is why you don't actually see people using it like they do money. They either invest in it like stock, or immediately convert it to local currency upon receiving a payment in crypto (as you stated Mozilla is doing).
But this is not a flaw in crypto itself as a technology, but rather a flaw in how people use it.

@fluffy
Actually refine the technology and make it efficient. You're still getting an army of people that maintain the hardware with crypto, buildings, mainframes, all of that. So that's hardly a good criticism of regular banking.

@TheAncestor @fluffy
It's kinda a shame, cause the technology itself is very ingenious. But instead of actually refining it, to where it would be a good, practical, economical alternative to usual currency, everybody basically jumped on the prototype.
The way I see it, it's like the world would try to run cars on crude oil and then defend the practice.

@TheAncestor @fluffy
That's the disruption of the chip market I was talking about. Just saying it affected GPU prices is a massive understatement, cause it ultimately affected the price of everything with a silicon chip to some degree.

@fluffy
Considering most of the energy humanity uses is not "green", yes.
Even IF all electric energy was obtained via renewable sources, it would still be a massive waste. I'm not seeing the crypto craze dying, so I can only assume this waste will increase in the future.

theguardian.com/technology/202

@Eris @Awoo @roboneko @sjw @KingSoldier @NEETzsche @Terry @TheAncestor @bot @mushroom_soup @The_Vile_Delinquent @graf @Vivi
>Our definition is clear,
lol, no it's not.

>we do not want to report you to pig american cops who are also pedophiles who will ignore it...
This just sounds like cope.

@fluffy
Environmental nightmare and a massive disruption of the chip market (and not in a good way).

@NEETzsche @Awoo @roboneko @sjw @KingSoldier @bot @Eris @mushroom_soup @Terry @TheAncestor @graf @The_Vile_Delinquent @Vivi

When it comes to such serious allegations as someone being a murderer, rapist, terrorist, pedo, etc. I expect them to at least be able to reach a legal definition of these terms.
I will NOT throw these words around as if they're things to play around with, like the leftists do with "racist", "sexist", "homophobic", "transphobic" etc.

@fluffy
If Mozilla used diamonds mined in Africa by child labor as a payment processor, would that be ok? They don't accept the diamonds, they're instantly converted into USD.

I don't think the issue is necessarily just that they accept crypto, but rather that they pretend to be this holier than thou company, that cares about every social justice topic possible, while partaking in the shittiest tech that has been incredibly damaging in numerous ways.
For example I don't give 2 shits if Gab uses crypto, because they're not self-righteous pieces of shit. I mean... they are pieces of shit, but just in other ways.

@Eris @Awoo @roboneko @sjw @KingSoldier @NEETzsche @Terry @TheAncestor @bot @mushroom_soup @The_Vile_Delinquent @graf @Vivi

If you believe Terry is guilty of something, and refuse to inform the authorities, you are the one who is committing an immoral act, my friend.

Here we are talking about a potential immoral act of the highest order, and you feel very comfortable in accusing Terry of such an act, and yet you do nothing so that justice can be dealt (if he is indeed guilty). And you want to preach us about morality?

@NEETzsche @Awoo @roboneko @sjw @KingSoldier @bot @Eris @mushroom_soup @Terry @TheAncestor @graf @The_Vile_Delinquent @Vivi

I wasn't even the one to came to the conclusion. I told Eris to call the cops on Terry if he thinks he did something wrong, as otherwise he'd basically be an accomplice to Terry's crimes. He refused. When I asked why, he said Terry's doings would be ignored. When I asked why would Terry's doings be ignored if they're illegal, he answered that they are not.

So by Eris' admission, Terry has not posted cp.

>Considering which kinds of child porn are illegal
This sentence makes no sense, as all cp is illegal. It's kinda in the definition of cp that it's illegal. Either something is cp or it isn't. In Terry's context, calling his posts illegal or not is synonymous to calling them cp or not.

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