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A comment on Coinbase warns that bankruptcy could wipe out user funds. Parent comment

Re:Coinbase warns that bankruptcy could wipe out user funds by pandemicsoul on Wednesday May 11, 2022 @10:55AM (#31340874)
I was on reddit and someone called bitcoin a "useful savings account" and I was like, "NO, STOP. Do not tell people this stuff is for savings!" I was downvoted to hell and people were like "lmao noob." Got into a back and forth where I was trying to delineate an investment and savings and people just kept replying stuff like, "it goes up, that means you beat inflation, do you not understand how this works???"

Sigh.

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Re:Coinbase warns that bankruptcy could wipe out user funds by AYoung010 on Wednesday May 11, 2022 @10:58AM (#31340932)
Sadly, discourse on reddit has not been worth the time of day since 2015 or so.
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Re:Coinbase warns that bankruptcy could wipe out user funds by bckygldstn on Wednesday May 11, 2022 @12:27PM (#31342198)
This depends very much on the subreddit. There are still some fantastic communities with top-notch discourse! On the other hand, I don't remember discourse being worthwhile on large subreddits even in the good old days of 2015.
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Re:Coinbase warns that bankruptcy could wipe out user funds by ricardobayes on Wednesday May 11, 2022 @01:50PM (#31343422)
Unfortunately doubly true for their crytocurrency-themed subreddits with millions of followers where each and every post that isn't about 'number goes up' gets moderated. Even a post got deleted where the user warned others to invest carefully, only funds that they don't mind losing. Or posts where a user posts a proof of their losses.
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Re:Coinbase warns that bankruptcy could wipe out user funds by Simp4Zuck on Saturday May 14, 2022 @12:43PM (#31379730)
The subreddit you’re in is what decides whether your opinion will be upvoted. If you go to a video game’s specific subreddit and say “I know you all like Call of Duty, but Call of Duty sucks”, then you will be downvoted into oblivion even if you’re “correct”. Same goes for things like politics and bitcoin. The subreddits all end up attracting people who have a certain opinion and outcasting the rest.
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Re:Coinbase warns that bankruptcy could wipe out user funds by sexy_seedbox on Wednesday May 11, 2022 @08:22PM (#31347718)
Let me guess, you were on the wrong sub-reddit? Try /r/buttcoin instead, you'll get upvoted to heaven.
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Re:Coinbase warns that bankruptcy could wipe out user funds by aaronbrethorst on Wednesday May 11, 2022 @11:47AM (#31341663)
Tulip mania, indeed.
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