347
Man who threw away $500M Bitcoin hard drive sues city for right to search landfill
(www.techspot.com)
this post was submitted on 18 Oct 2024
347 points (95.5% liked)
Technology
59389 readers
3187 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
For all the talks about freedom and "decentralised" utopia the crypto bro cults spew all the time, they are really just obsessed with making absurd amounts of money fast. Their only motivation is greed.
Can't say I'm surprised some regard Dubai as a goal. They only see the rich man's club, they don't care about how the sausage is made.
Yeah wtf. Seeing Dubai as the ultimate utopia is so weird.
Gee, i'm so glad brick 'n' mortar banks are different... oh, wait...
Last time I checked, most individuals are not, in fact, banks.
Last time i checked banks and "regulating" bodies are run by, you guessed it, groups of individuals.
Which are not, by far, most people. I am not sure why you're bringing the subject of banks. Of course they're shitty and mostly run by bastards. Okay.
But cryptomoney people are not banks, or groups of individuals. They're individuals. And they're in it because of the "get rich quick" scheme and push others to get into the pyramid's lower levels, because that's how they might get richer. So they're either bastards or being conned, or probably both.
Proof of work is a power/hardware catastrophe, and proof of stake is entrusting power to the already rich again. Crypto is not a new economy model, it's a bad subset of the old one with fancy fake ideals.
Most cryptocrrencies do seem scammy, i'll give you that,