It's time for us in the tech world to speak out about cryptocurrency

Re:It's time for us in the tech world to speak out about cry... by LegitShady on Sunday May 30, 2021 @06:42PM (#27337643)

Because email has no value except as a means of communication. Bitcoin and other cryptocurrencies are massive speculation scams. It's popular because everyone wants to hold one in the hopes it goes up in value. There's no reason for it to go up in value except that other people think it will go up in value and want to buy one too.

You're buying a number on a blockchain somewhere in the hope someone else will want it for more money, that's it.

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Re:It's time for us in the tech world to speak out about cry... by boringg on Sunday May 30, 2021 @09:01PM (#27338720)

I’m curious if it is actually such a large scam with too many people that they can’t let it fail.

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Re:It's time for us in the tech world to speak out about cry... by LegitShady on Sunday May 30, 2021 @10:54PM (#27339532)

there is no such thing. Too big to fail is another coded way to describe political allies and backers who get influence in the government through their contributions. The size of the problem isn't the issue, it's who has the problem that is.

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Re:It's time for us in the tech world to speak out about cry... by boringg on Monday May 31, 2021 @10:11AM (#27344268)

Good point. Slightly conspiratorial but probably fairly accurate.

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