Cryptocurrency is one of the worst inventions of the 21st century. I am ashamed to share an industry with this exploitative grift. It has failed to be a useful currency, invented a new class of internet abuse, further enriched the rich, wasted staggering amounts of electricity, hastened climate change, ruined hundreds of otherwise promising projects, provided a climate for hundreds of scams to flourish, created shortages and price hikes for consumer hardware, and injected perverse incentives into technology everywhere. Fuck cryptocurrency.

https://drewdevault.com/2021/04/26/Cryptocurrency-is-a-disaster.html


I have a long history of disliking DD but this is a very fucking good post. furthermore the personal note at the bottom really gives me hope for him to become a less toxic and negative person. i really hope he can be more positive in the future; he is really fucking smart and we need people like him in the industry

@aetios
I love the fact that people still don't see that it is a bubble. One day, St.Elon sells his btc, and after 3 more millionares sells their, the price will drop to cents.

It's the funniest pyramid scheme I ever saw, because at this point, everyone can get out a millionare, but these idiots cannot accept the wictory and a good life. Instead, they wait until their millions turn back into cents...

@LukeAlmighty you know, every time i see people posting about their profits im like, dam, thats nice though, but i just don'ttrust it enough to give it a go. some people got lucky i guess. id rather play it safe