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Joined 1 year ago
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Cake day: June 30th, 2023

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  • There are several reasons why I ignore anything crypto related.

    • The barrier to entry is daunting. Where do I buy it that isn’t going to scam me? Where do I store it that isn’t going to just steal it? How do I use it?

    • Almost everytime I hear about it, it is related to a scam. I recieve texts from strangers wanting to scam me with it. I read about people like Bankman-Fried being seemingly legit but then stealing it. I read about Musk’s on-again/off-again love for Doge and it feels like just a way to pump up his own investment that would be illegal of it were normal investments.

    • The freedom it gives you to get what you need is the same freedom that allows organized crime, terrorist organizations, and sanctioned countries avoid scrutiny a lot easier.

    • Most are a risky investment. The price swings greatly on the biggest ones and never goes up on most of the others. The only ones that don’t seem to have that problem are the ones that peg their value to a real currency.











  • It means that, from our perspective, there are a lot of people with more money than sense. I agree that it entirely stupid and I would never consider throwing money at a screen this way.

    During live streams you can send creators messages. If you pay to send a “special” message the creator will do what the message says. That’s it.

    I was reading an article about a streamer who can make 10k a night by streaming her sleeping. She doesn’t do anything other than sleep with the lights on and people give her money.