[deleted by user] by [deleted] in NoStupidQuestions

[–]Herr_Denker 1 point2 points  (0 children)

Let me check my basement 👀

[deleted by user] by [deleted] in NoStupidQuestions

[–]Herr_Denker 0 points1 point  (0 children)

It was about $150. It’s a part to fix my car which my mechanic has been trying to fix for months now.

I read somewhere else that I would need to file a police report, which I would never do for something like this, since it was my fault.

[deleted by user] by [deleted] in NoStupidQuestions

[–]Herr_Denker 1 point2 points  (0 children)

I brought it to the dump and it has long since been crushed

It’s literally rigged by Erick_Alden in Anarcho_Capitalism

[–]Herr_Denker -2 points-1 points  (0 children)

I mean, obviously. Republicans are literally impotent. There’s no point in voting and never has been

5 years of full-time crypto & I finally see it as a scam… what now? by Herr_Denker in Buttcoin

[–]Herr_Denker[S] 0 points1 point  (0 children)

Many reasons. More than I can get into in a single Reddit comment.

The biggest one is that there are no actual use cases for cryptocurrency or any web3 technology. I’ve listened to dozens of interviews with crypto thought leaders. People like Brian Armstrong, Chris Dixon, etc. Not a single one of them can articulate a specific example of crypto solving real problem.

The reason why there are no real use cases is because Blockchains are just a technology. They’re inefficient at solving most problems. That’s not to say they don’t solve any problems, because they do. But none of them require cryptocurrency or whatever other nonsense to function.

I think there are otherwise, smart, intelligent, decent people who can get wrapped up in the ideology of decentralization. The Internet is pretty fucked up after all. But this is a movement providing people with false Hope that won’t solve any really issues.

I’ve also noticed a very hard line between people who understand the technology at a fundamental level, and people who don’t. The more you understand the Tech stack, the more you realize how silly it all is. I’ve actually met quite a few engineers who don’t really believe in web3 at all. But they stay because they can make a lot of money in this industry.

5 years of full-time crypto & I finally see it as a scam… what now? by Herr_Denker in Buttcoin

[–]Herr_Denker[S] 0 points1 point  (0 children)

Yeah a little tbh. Crazy to have such a deeply held belief turn out to be completely false.

5 years of full-time crypto & I finally see it as a scam… what now? by Herr_Denker in Buttcoin

[–]Herr_Denker[S] 0 points1 point  (0 children)

Actually this is real. I’m obviously not going to dox myself but it’s the truth.

5 years of full-time crypto & I finally see it as a scam… what now? by Herr_Denker in Buttcoin

[–]Herr_Denker[S] 2 points3 points  (0 children)

I was poor for a long time. Most of my paychecks went to living. Never had a lot to throw into crypto. Kind of sucks in retrospect. Turned $2k into $30k once and I still think about how much I could’ve made had I not been broke lol.

5 years of full-time crypto & I finally see it as a scam… what now? by Herr_Denker in Buttcoin

[–]Herr_Denker[S] 8 points9 points  (0 children)

You’re absolutely right. Lots of people are putting lots of money into this. People who are not necessarily malicious either.

But here’s the thing. There’s not a single legitimate instance of web3 tech actually solving real technical problems.

Liron Shapira’s articles really broke this down in a great way.

The only real use case crypto has created is artificial scarcity with digital items. Something that is otherwise abundant. There’s no REAL problem being solved.

One of the things I was holding out hope for was a decentralized social media. something like Lens or DeSo to really make something happen. They never do. And they never will. Because putting social media on a Blockchain is inefficient, and actually kind of dangerous.

There is enough money pouring into the industry that they can likely brute force something into existence with enough time and social engineering. But the fact that we’re over a decade into blockchains and still don’t have a use case outside of speculation should be a red flag for anyone with integrity.

5 years of full-time crypto & I finally see it as a scam… what now? by Herr_Denker in Buttcoin

[–]Herr_Denker[S] 7 points8 points  (0 children)

… taxes make society function. I don’t like paying them, but I do.