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   Hyolobrika (hyolobrika@social.fbxl.net)'s status on Saturday, 24-Aug-2024 05:47:15 JST Hyolobrika
   I really hate the way (some) Bitcoin users say (or at least, used to say; idk if this still happens) "have fun staying poor" to anyone who criticised them. Classist fuckwads.
   • Embed this notice
     Jeff "never puts away anything, especially oven mitts" Cliff, Bringer of Nightmares 🏴‍☠️🦝🐙 🇱🇧🧯 🇨🇦🐧 (jeffcliff@shitposter.world)'s status on Saturday, 24-Aug-2024 05:47:12 JST Jeff "never puts away anything, especially oven mitts" Cliff, Bringer of Nightmares 🏴‍☠️🦝🐙 🇱🇧🧯 🇨🇦🐧

     in reply to

     • NotHelpfulUntilIAm🥤 🌛 🗄️
     • Ross Andrews
     • condret :verified: :ancom:
     @Hyolobrika @condret @admitsWrongIfProven @randrews
     
     > Hypersyn combines several well studied concepts to create the first agent-centric peer-to-peer system for mutual credit.
     
     not even remotely close.
     
     they don't cite ripple
     
     or any of the dozen ripple reinventions that also didn't cite ripple.
     
     they don't cite tribler
     
     and they are github-only
     
     like it boggles the mind how they got that far without knowing what was done before them
     Sick Sun likes this.
   • Embed this notice
     Hyolobrika (hyolobrika@social.fbxl.net)'s status on Saturday, 24-Aug-2024 05:47:13 JST Hyolobrika

     in reply to

     • NotHelpfulUntilIAm🥤 🌛 🗄️
     • Ross Andrews
     • condret :verified: :ancom:
     • Jeff "never puts away anything, especially oven mitts" Cliff, Bringer of Nightmares 🏴‍☠️🦝🐙 🇱🇧🧯 🇨🇦🐧
     @randrews cc: @jeffcliff @admitsWrongIfProven @condret
   • Embed this notice
     Hyolobrika (hyolobrika@social.fbxl.net)'s status on Saturday, 24-Aug-2024 05:47:14 JST Hyolobrika

     in reply to

     • Ross Andrews

     @randrews It would be cool if there was a cryptocurrency (or indeed, any currency) that doesn’t work that way.

     Maybe Hypersyn. But no one did anything with that AFAIK.

   • Embed this notice
     Ross Andrews (randrews@somewhy.net)'s status on Saturday, 24-Aug-2024 05:47:15 JST Ross Andrews

     in reply to

     @Hyolobrika I don't think they've thought it through. Their idea is that as early adopters, they'll be trillionaires when all of society moves to the libertarian-fun-bux standard, and everyone who didn't buy btc will be peasants. But why would anyone move to a different currency where they'll be a peasant? What's gonna motivate everyone to ascend these basement-dwellers to godhood?

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     0 (https://pl.absolutelyproprietary.org/users/0)'s status on Saturday, 24-Aug-2024 10:39:51 JST 0

     in reply to
     @Hyolobrika have fun staying poor
     Sick Sun likes this.
   • Embed this notice
     Sick Sun (sun@shitposter.world)'s status on Saturday, 24-Aug-2024 10:43:14 JST Sick Sun

     in reply to

     • Ross Andrews
     @randrews @Hyolobrika they don't think it will be the only currency and they think they'll be right and others won't because bitcoin is deflationary and constricted in quantity while the dollar will continue to be printed in the trillions, making the dollars you hold worth less and less. they may be right or wrong but they have thought it through.
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     Sick Sun (sun@shitposter.world)'s status on Saturday, 24-Aug-2024 19:40:47 JST Sick Sun

     in reply to

     • Ross Andrews
     @randrews @Hyolobrika I more or less agree, just because dollar is bad doesn't mean crypto is good. Crypto has not panned out as currency, it's kind of okay like a substitute for gold but we'll see in the future.
   • Embed this notice
     Ross Andrews (randrews@somewhy.net)'s status on Saturday, 24-Aug-2024 19:40:48 JST Ross Andrews

     in reply to

     • Sick Sun

     @sun @Hyolobrika Every time I've tried to talk to some crypto-bro about whether crypto is a good idea, all they fall back on is that the USD is inflationary and a bad store of value.

     Sure. It is. But that isn't in itself an argument why cryptocurrencies are a good idea.

     So I've given up. Let people dump their money into the scams, doesn't matter to me.

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     Sick Sun (sun@shitposter.world)'s status on Saturday, 24-Aug-2024 20:54:42 JST Sick Sun

     in reply to

     • Ross Andrews
     @Hyolobrika @randrews I think it's good in theory but doesn't quite deliver. I am still a supporter.
   • Embed this notice
     Hyolobrika (hyolobrika@social.fbxl.net)'s status on Saturday, 24-Aug-2024 20:54:43 JST Hyolobrika

     in reply to

     • Ross Andrews
     • Sick Sun
     @randrews @sun
     Crypto is a good idea because https://social.fbxl.net/notice/AlI65N6knnqsoWhtY0
     I don't really care about the economic argument.