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thrownaway89865

I started to notice this trend where tech workers get shat on when ChatGPT became popular, with people claiming that it was the end for developers because apparently they could easily be replaced by AI despite the fact that if that was the case, many other jobs would be easily replaced as well.

If my perception is accurate and this resentment is not a product of my imagination then I find it silly considering that there are other careers where many people are way more highly paid than FAANG engineers (lawyers, doctors, some salespeople) yet no one seems to be mad at them.

Would someone explain to me what the endgame of these fraudsters is? I mean, of course they are trying to get rich quick pulling these schemes but you would believe that they do it because they perceive that there is some sort of opportunity to cash out without inevitably going to prison some day, right? What is the thought process in the mind of these criminals when shit hits the fan? Maybe just hire very expensive lawyers or move to some weird jurisdiction where they can't get arrested?
Re:Kraken to end on-chain staking services for U.S. clients on Thursday February 09, 2023 @11:38PM (#34735676)
>Then at the exact moment "fiat money" has a spike of inflation at 8% to 10%, the value of the "sound money" inflation hedge plummets 70%. >Now, at the exact instant it appears "fiat money" inflation is moderating, suddenly the "sound money" jumps up 35% from its lows.

Because a devaluation of the dollar is not what's actually causing the price of BTC to appreciate as much as speculation about the future monetary policy that could come as a result of lower inflation numbers (i.e less hawkish Fed). Which is funny because the way the CPI is calculated has been very controversial and subject to change. One common narrative is that the Fed will be forced to pivot to avoid a major recession.

It's not just BTC but the stock market in general behaving this way.

>Also reads a bit like American Psycho

My thoughts exactly.

I read this part using Patrick Bateman's voice in my head:

>"The rest of the experiment continued in a similar fashion (albeit less hectic), with me doing yoga and working out in the morning, working my job, working on my company, reading books, doing my UI/UX course, writing blog posts, working on some side projects, all interspersed with ping pong and breakdancing classes."

Re:Tornado Cash and collateral damage on Thursday August 18, 2022 @04:58PM (#32514808)
Most of people who used Tornado Cash are not criminals. How can you say it exists "primarily to aid criminals"? A fleeing criminal breaks into your house and hides while you are on vacation, apparently it was intended as a hideout for criminals all along...
Re:Arrest of suspected developer of Tornado Cash on Friday August 12, 2022 @07:49PM (#32445346)
>Pretending that it's totally fine because it's "privacy" not money laundering because crypto is special... is likewise absurd.

Privacy is definitely a legitimate use for something like Tornado Cash, what are you talking about? Hell, if someone found out what my address is and it's not in my best interest that this person knew about it, I would definitely use it just to move my funds to another address.

If you sell me a screwdriver and then I go and kill someone with it, should you be prosecuted for it?

>Ackman realised that payment companies, when they want to, can act decisively. “They have to be de facto regulators of what’s permissible content and what’s not,” he says.

No, they should not? This guy is insane. Yeah, just let the big middlemen monopoly decide the fate of your business on a whim.

Things like these are what makes me hope that cryptocurrency someday becomes the norm. We don't need more parasitic middlemen deciding how we want to spend our money, especially not because of fear of backlash by some activist groups.

Re:RaidForums gets raided, alleged admin arrested on Tuesday April 12, 2022 @05:04PM (#31008219)
What are the legal implications of having registered on this forum once with a personal email account but not having ever engaged in any transaction or downloading any leaked data, just lurking a few threads of nothing interesting at most.

Asking for a friend, of course...