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submitted 1 year ago by bady@lemmy.ml to c/asklemmy@lemmy.ml
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[-] temptest@hexbear.net 3 points 1 year ago* (last edited 1 year ago)

Agreeing with the parts re: net negative. No, I don't invest in cryptocurrency; like I said, investing in them is a scam.

Let's start with the actual fucking fraud done with it

Fraud is done with basically anything considered to have value. Cash, credit, signatures, votes, wine, wires, mail, licenses, taxes, recorded age. Fraud is the scam! And cryptocurrency is especially useful for scamming (has the anonymity of cash without the physical restrictions). But that's not it's purpose or main use. That's not spiting hairs, it's calling the hat the head. Your example of encrypting ransomware used to be done with the postal service, floppy discs and cash in the 90s. One example from 1989

edit: this of course is an advantage of non-transferable labour vouchers!

Sea lioning

That's not what sea-lioning is. Someone asked us to name some scams, you said cryptocurrency, I disagreed that it qualified as a scam, you replied that you doubted my disagreement and I asked for clarification. If either of us wants to stop, we stop. Sea-lioning is stalking across the site like a debate pervert, it's not replying to replies.

I'm not just running my mouth here, I'm evaluating my understanding of cryptocurrency and finding disagreements to make me question them. And also seeing if I'm able to have a constructive conversation - it's good practice for real labour conversations in the workplace.

this post was submitted on 10 Aug 2023
383 points (98.2% liked)

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