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Joined 2 years ago
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Cake day: July 3rd, 2023

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  • Also, this is the exact kind of transaction they had in mind when they created the tech, but everyone decided it was only ever for drugs, because that’s what the Wall St owned media told them to think

    What were the completely legal products that had Visa and Mastercard standing on the sidelines in 2009? Because without a real life example, I don’t think big media had to do much to get people to ignore this use case at the time.


  • If people had used cryptocurrency as a currency instead of as a “it’s totally not a security, we swear, even though we’re only saying that to evade SEC regulations a little longer” there’d be a lot fewer people calling it a scam.

    For sixteen years, crypto’s only use cases seemed to be buying illegal goods and securities fraud. Finally, we have another use case presenting: perfectly legal transactions that credit card companies have gotten cold feet about.











  • I think I must’ve missed that Verge article. I guess that dashes my “this is a creative writing exercise by somebody in Joburg” theory.

    But we know that lizards have self preservation instincts (which for the purpose of this conversation I’ll say is interchangable with sentience (it’s probably a good enough proxy at any rate). But we know this because we have lots of people who have observed lizard behavior, not because The Lizard Farm, Inc has hyped up how alive and ensouled their lizards arev in a bid to get ever more VC funding.

    Maybe I’m too pessimistic about this tech and my obsolete meat sack will get tossed to the time-traveling torture robot. But I think it’s more likely that we have a money grabbing hype train in the tradition of the Mechanical Turk or Theranos than it is that we have created a new lifeform by feeding every extant piece of writing that isn’t nailed down (and some that are) to the sand we’ve forced to do math.