this post was submitted on 30 Jun 2023
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Damn... maybe crypto/blockchain isn't so bad (beehaw.org)
submitted 1 year ago by metaltoilet@beehaw.org to c/chat@beehaw.org
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I'm going to keep this short but I just fell down the rabbithole of crypto again and maybe it isn't as bad as I thought. Many of their ideas are very similar to the fediverse's. The idea of decentralized finance using a stablecoin sounds awesome to me. (though i'd much prefer to live in a world where money isn't needed) Maybe the technology is actually good but the techbros and scammers ruin it with their false promises and complicated words. Hopefully, in a few years after the rest of those scammers have moved on to scamming with AI this tech could be truly used for meaningful purposes.

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[–] manitcor@lemmy.intai.tech 2 points 1 year ago (1 children)

don't waste your time, the scammers have polluted peoples ideals on it for the time being. can't say i blame them. Next round will be national ids and regulated trading channels, the users won't even know or care that it's blockchain.

people don't care about the database, just make it work.

[–] metaltoilet@beehaw.org 3 points 1 year ago (1 children)

For the time being, yes. However, the underlying tech is based on good ideas and maybe in the future it can and will be used.

[–] manitcor@lemmy.intai.tech 2 points 1 year ago

i agree, i work in the industry, but bringing it up on socials outside of crypto communities has been just a way to get flamed of late.

people are angry I understand and others just really love thinking they have ahigh horse based on headlines.

im just building now, everyone will be crazy for it again in a year.