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A comment on Bitcoin drops below $18,300 as sell-off accelerates. Parent comment

Re:Bitcoin drops below $18,300 as sell-off accelerates by moonchrome on Saturday June 18, 2022 @03:34PM (#31793027)
I had plenty of opportunity to "get in" on the bitcoin - I did some trades back when it was in 1000$ range and thought it was an interesting peace of tech with potentially great future.

I even did a POC of a smart contract back when ETH was <100$.

Ever since then I've seen very little practical applications and soo much bullshit - I would never "invest" into anything crypto related even if the payout was guaranteed - for the same reason I wouldn't go work for a betting company, hack people for money or run scams - that's not how I want to make money, and I do feel contempt for that entire "movement".

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Re:Bitcoin drops below $18,300 as sell-off accelerates by dubswithus on Sunday June 19, 2022 @01:14PM (#31801260)
You feel contempt because you got “justed” like all the other high earners here. It’s “just” a decentralized database.

Most startups on AngelList are a waste of space, time, money, and employment. No different with blockchain.

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Re:Bitcoin drops below $18,300 as sell-off accelerates by moonchrome on Monday June 20, 2022 @12:09AM (#31806181)
>Most startups on AngelList are a waste of space, time, money, and employment. No different with blockchain.

One huge difference - crypto had the time and money to find it's market. I was optimistic at first - but then it turned out to be a toxic cesspool fueling speculation, gambling, money laundering and other illegal activities, causing HW supply disruptions, burning insane amounts of electricity.

Getting into it just because I might randomly get rich goes against my ethos.

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