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Re:Did I just lose half a million dollars? by throw0101a on Sunday January 30, 2022 @09:01AM (#30137250)
> I think this is a symptom of the general problem of calling everything "crypto", which anchors people on the mental model of Bitcoin.

Or those of us who immediately think of AES, RSA, and Diffie–Hellman.

Anyone around tech in the 1990s may also remember:

* https://en.wikipedia.org/wiki/Crypto_Wars

Re:Did I just lose half a million dollars? by sanderjd on Sunday January 30, 2022 @09:31AM (#30137494)
Right you are. I just edited to differentiate from this other general problem with the nomenclature in the space.

I actually think this one leads to less confusion though, because the people who are familiar with "crypto" vis cryptography universally have enough expertise to differentiate it from "crypto" vis cryptocurrency. Whereas I would estimate that at least 99% of people who have heard of both Bitcoin and Ethereum have no idea that there are important differences in their capabilities and technology.

All the smart but non-technical people I know or read commentary from talk about cryptocurrency as a single thing, where that thing is just different flavors of Bitcoin.

Re:Did I just lose half a million dollars? by dTal on Sunday January 30, 2022 @09:40AM (#30137549)
The next time I get cornered by a coinhead - a worryingly common occurrence in real life lately - I'm going to say "Oh, I love crypto! My bank uses it so I can access my account from anywhere. It's great!"
Re:Did I just lose half a million dollars? by sanderjd on Sunday January 30, 2022 @09:47AM (#30137619)
hahaha yeah you can claim a different definition of "crypto" depending on whether you're talking to an anarchist or an institutionalist.
Re:Did I just lose half a million dollars? by tata71 on Sunday January 30, 2022 @08:47PM (#30143504)
Many of the same teams in this round.