catboss

joined 2 years ago
[–] catboss@feddit.de 1 points 2 years ago

Facebook infamously played a role in the genocide of the Rohingya. Please elaborate what the systematic persecution and murder of a group of people has to do with cryptos and this whole topic about their decline?

[–] catboss@feddit.de 1 points 2 years ago (4 children)

I didn't write my reply for you, but for the people not yet aware of the inherent dangers of an unregulated financial market such as cryptos.

You can continue LARPing on the internet that you are some sort of mastermind investor. If that makes you happy, it is your money. I am just asking you politely to not try and sell your financial and tech illiteracy to your friends and family, only for them to inevitably lose all the money they invested trusting you.

[–] catboss@feddit.de 4 points 2 years ago (8 children)

This is a weird take and not the "gotcha" you might think it is.

Cryptos are a scam where nobody but very few at the top of the fraud actually win. While some crypto bros might be beyond help, they are actively endangering other people by trying to sell them their snake oil and drag them down with them. And the most tragic thing is, they stop applying any form of reason before making dangerous monetary decisions. People have and will continue to lose all their savings, so I would definitely agree with you that this shit is disgusting.

Decentralised social media on the other hand does not and can not endanger people's lifes like that. Yes, social media has dangers in itself. But I'd wager those dangers are far less pronounced, despite having a share of wackos.

If you are into cryptos and don't realise it is among the worst forms of gambling on it's best days, maybe you should take a couple of steps back and reevaluate if you actually understand everything that's going on, including the umcanny risks: Do you actually, for real, understand how it all works on the technological side or do you just pretend to or take someone's word for it? Do you actually make your own decisions or are those influenced by forces outside of your control (e.g. "diamond hands", "hodl" etc.)? Do you have a concrete and detailed financial plan that incorporates the worst scenarios as well ad exit strategies or is your "investment strategy" mostly determined by chance? How is your investment secured? Could you actually and factually sue in court and win in case bad actors try to prevent you from cashing out? How exactly is anything supposed to turn a profit and who's pocket is that magical profit supposed to come out of? Is anyone standing to make a profit from you and can you guarantee it won't happen? How?

Those are just a few (but not even all) considerations where cryptos usually should ring enormous alarm bells for anyone with a modicum of financial education. But not to crypto bros. To them all of this is weirdly enough just dandy and questioning anything is greatly discouraged. At some point they stop all critical thinking and just throw money into the fire, so some grifters can grift.

I'd personally rather use the money in cash to light a real fire. At least that will provide some warmth for a hot second.

[–] catboss@feddit.de 16 points 2 years ago (11 children)

I am not sure if you are actually drinking the Kool-Aid or if this is some top tier shit posting. If it's the latter, kudos to you!

[–] catboss@feddit.de 5 points 2 years ago (1 children)

Those are Gamers™.

They aren't exactly people known for their critical thinking. They are however known for eating a whole bunch of shit from game publishers and devs, even going as far as thanking them for being able to buy said crap-sandwich.

[–] catboss@feddit.de 1 points 2 years ago (2 children)

That's the most tankie shit I have read in a while. I don't get how anyone with a modicum of humanity can go out of their way to defend the war of aggression Russia is waging against the people (mostly civilians!) of Ukraine.

You seriously need to stop living in your tiny bubble. The shit you are spewing is just sad and you probably don't even get why what you say is awful.

So I sincerely ask you to either become a better person or just stfu.

[–] catboss@feddit.de 1 points 2 years ago

Thanks for the gold kind stranger?

[–] catboss@feddit.de 3 points 2 years ago (1 children)

I am trying to get there, but so far I don't seem to be dumb enough. Please kick me when I make it.

[–] catboss@feddit.de 1 points 2 years ago

Just wanted to say that I appreciate you trying to give credit in the best way you can think of.

[–] catboss@feddit.de 9 points 2 years ago (2 children)

I am looking forward to when they will finally ad some ads or other monetization. It really doesn't feel like an app in 2023 without anyone trying to fleece me for all I am worth.

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