realitista

joined 1 week ago
[–] realitista@lemmus.org 1 points 3 hours ago

It depends greatly on how it's stored. Most people just keep it in an exchange, which are robbed fairly often. Which wouldn't be a problem with real cash as there are laws in place to protect you. With crypto you have no recourse.

[–] realitista@lemmus.org 1 points 3 hours ago (1 children)

The TV and stereo aren't amazing for that time. I had better in my teens and twenties just from my restaurant jobs.

[–] realitista@lemmus.org 3 points 3 hours ago

I had that TV back in the day. It was an amazing TV for it's time.

[–] realitista@lemmus.org 1 points 4 hours ago (2 children)

It's accepted almost no where. And the list of issues go on. Crypto is easily stolen, very difficult to secure. Difficult to use for most people. Proof of work crypto is still in the majority and wastes absurd amounts of energy, etc. But the biggest issue is that it doesn't solve any problems that were not solved long ago unless you are conducting criminal activity (which I do have to acknowledge as it's one stand out use case).

[–] realitista@lemmus.org 1 points 9 hours ago (4 children)

A banknote is accepted as a means of exchange, ie a currency in a way that bitcoin and other crypto coins are not and cannot ever be due to the fees and delays in the system, not to mention the absurd volatility or lack of liquidity in the smaller coins.

[–] realitista@lemmus.org 3 points 11 hours ago* (last edited 11 hours ago)

Crypto is stupid for entirely different reasons that I've enumerated in other threads in this post. I'm just observing a correlation I've noticed here which directly runs counter to another statement.

[–] realitista@lemmus.org 7 points 17 hours ago (3 children)

I don't know any crypto bros who aren't also MAGA/libertarian/fascist

[–] realitista@lemmus.org 9 points 17 hours ago (6 children)

I think it's because, at least in the case of bitcoin, it has no practical real world use other than hoarding like beanie babies, and therefore no real value. As a currency it's entirely useless.

I have a bit more sympathy for ETH, maybe someday DeFi will produce something truly useful enough to justify the money in crypto, but it hasn't so far.

[–] realitista@lemmus.org 2 points 1 day ago

Yeah sorry I forgot what thread we were on. You will get no help from the US on the genocide unless you get someone amazing like Sanders elected as president. Even then, no one will likely work with him on it.

[–] realitista@lemmus.org 0 points 1 day ago (2 children)

I honestly can't say I disagree with you on this. Voting blue is more a stay of execution than a solution. I voted 3rd party for decades. But I'm at the point now where the Republicans just need another sound defeat.

I left the USA 25 years ago because I saw this coming with Bush Jr. I have been talking about fascism coming to the USA since then. I dont really see anything stopping this short of a full uprising. But at least we can have a rest in the march to fascist autocracy, right?

[–] realitista@lemmus.org 2 points 1 day ago* (last edited 1 day ago)

Man I just love this song more and more every time I hear it. Thanks for sharing!

[–] realitista@lemmus.org 4 points 1 day ago (5 children)

Well we could theoretically flip congress in the midterms in 18 months.

 
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