deadlyduplicate @ deadlyduplicate @lemmy.world

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2

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37

Joined

2 yr. ago

As opposed to a currency issued and secured by a central bank?

Yes... some with billions of dollars in a crypto has a billion more reasons to want the network secured.

Great place, went there last year to get some kratom while on a short trip to Vancouver. We ended up having a shot of LSD and then we decided to walk back downtown through Chinatown, unaware until that point that it was Chinese new year. Best day of the whole trip!

Yeah the quality of content has definitely degraded since the API changes and these insular hive minded communities have only become more so, probably because those are the type of people that stayed. And Lemmy just isn't quite there in terms of catering to niche topics that was keeping me on reddit.

And let’s be honest, for mainstream consumers, the Linux desktop and the Fediverse are failures.

My point is that just because something doesn't achieve widespread adoption immediately does not mean it is a failure. I use both Linux desktop and the Fediverse and the fact that they are not in widespread use doesn't rob them of virtue for the people that use them. Technology adoption is a complex thing and its incredibly reductionist to just say "crypto has been around for a decade and a half and you still can't use it for anything therefore its a failure. Our legacy financial system is very entrenched and its not to going to unseated overnight. These things take time.

Ultimately I think it should come down to consumer choice, those that prefer centralized finance should use that and those that are OK with the added overheard of decentralized finance should be able to have that choice. That is why I make the analogy to these other systems. Linux desktop for a long time was harder to use but it was worth it for people whose values aligned with open source software. Crypto has a similar trajectory and faces similar uphill battles including negative attitudes from those using competing systems. But for those who value what it provides, it is worth it.

What you are saying is inaccurate...

1. BTC has a performant layer 2 called lightning. And if layer 2s are not your jam, there are plenty of L1s that can handle 1000s of transactions per second
2. Crypto solves the problem of having a central bank control the money supply. Also having private organizations controlling digital payment rails. Provides options or underbanked people in countries with unstable financial systems. I could go on....
3. Blockchains do not use an enormous amount of energy. You are thinking of the consensus mechanism used by proof of work cryptocurrencies. There are alternative consensus mechanisms that use much less energy

Also the adoption rates are not a measure of utility. The Linux desktop has been around 30 years and has an adoption rate under 5 percent. Mastodon has not grown as fast as twitter did. Democracy is not used by the majority of governments and where it is, voter turnout is low.

Is it also your opinion that these things are bad products?

Decentralized systems just take longer to mature. It's crazy to me that fediverse users don't understand this.

I recently left a WFH only company. The environment was toxic and there was definitely some insecurity on the part of management regarding worker productivity. There was a much larger emphasis on constantly showing to management what you were working on and proving you were using your work day productively.

It was a culture shift I didn't adapt well to and left.

Same that is my favorite and I don't think we are alone because its always sold out at the stores while the other plant milks remain untouched.

Yeah he volunteered to to be solider, so what? Being a solider is not the same thing as being a war criminal and the burden of proof still applies. War is messy and it is entirely possible that this division committed atrocities that haven't been proven but the mere possibility is not sufficient reason to label him a war criminal. You are de-meaning the term by doing so.

Either you have specific evidence to support your charge or realize you are participating in sensationalism.

One use for RSS feeds is to distribute podcasts to multiple apps. I believe most podcasts apps are just RSS readers combined with an audio player.

The fact the morality was invented makes it synthetic but not necessarily relative. Numbers are also "made up".

Its possible that moral truths are objective but our interpretation of these objective truths is imperfect and therefore seems relative.

To use another commenters example, the fact that killing is not morally blameworthy in some cases doesn't mean that an absolute moral truth doesn't exist but just that our concept of killing is just too broad to express it.

Absolutely, companies are not going to just decide to implement NFTs in a way that gives more control to users unless it means more money for them. Does change the fact that the technology has that potential, even if it remain unutilized.

Except it's not ownership, it is digital rights management. Right now DRM is handled by private corporations, not the state, and it generally is anti-consumer. NFTs could be used for DRM in a more pro consumer way.

Yeah crypto critics often gloss over the fact that the war on drugs is an example of repressive government policy and that darknet markets where a lifeline for folks using drugs. As an example, psychedelic have genuine therapeutic uses and on the street level, many "research chemicals" with horrible safety profiles are sold as things like LSD or MDMA.

With a darknet market you get access to a community that can help vet sellers through forums, comments and rating that help keep users safe.

Moreover what this shows is crypto can help organizations or people under repressive governments. Another example was a group in Nigeria who was protesting against the police group SARS. The Nigerian government froze their bank accounts but the group was still able to fundraise using BTC.

Why does every criticism of crypto always hinge on attacking the character of the industry is some ad hominem way. Oh the tech is no good because it's "tech bros" running these companies.

Layer 2 networks like Arbitrum resolve the issue of high transaction fees and still be able to transact in ETH. I get there is hurdles compared with the simplicity of PayPal, but at least some of us prefer decentralized payment options where possible.

Genetic diversity protects a species against epidemic disease