People tweeting stuff. We allow tweets from anyone.
RULES:
It hasn't been that hard in my experience. Ignore shifts in the social landscape until the yung'ins reach a consensus about it, and always remember that time just before the dotcom crash when a company got venture funding to deliver tuna subs by mail.
Crypto is an EMP away from being worthless
I'm against crypto but this logic seems same as money is one fire away from being worthless.
Which is true. We just give worth to things to make it easy for transactions.
I may be older but I know how to take a selfie without my phone in it.
....why is he replying to himself?
Character limits and/or not being able to edit the tweet to add more thoughts once posted.
Cryptocurrency or cryptography?
The former you don’t really need to understand fully to use, but the latter is vital and indeed brain-melting.
Cryptozoology
Listen here you little shit: you think you’re superior because you rebranded Ponzi schemes with AI merde?
I understand that crypto is a scam that will rob millions of people of money they desperately need.
See, this guy gets it
I don't think there is one legal use case that can only be solved by a blockchain and not cheaper and faster with a classic database.
Except money laundering, crapto is fantastic for that.
I am sure scamming people out of their money with crypto is legal in a few jurisdictions.
But what you said there is literally the end of my understanding of what crypto is. It has something to do with computers solving math problems, and somehow that’s worth money.
What?
Fiat currency is just as silly. As is all money, really.
"I trade numbers for food. The numbers are accessible via a magnetic strip on some plastic in my pocket." or "I trade paper for clothing but the number of papers isn't as important as the number printed ON the papers." Both of these realities are absurd. :)
As a store of value representing labor rendered: neither of those are terrible systems and most people don't understand either of them anyway. Fiat seems "normal" because we grew up with it. That said: I'm no apologist. Popular crypto currencies offer little novelty for the layperson, no true improvement on the concept of currency generally, and cost orders of magnitude more to maintain their required infrastructure. I fail to see the appeal.
There are some projects which focus on the practical utility of decentralized currency (I remember thinking Nano (wikipedia.com) was cool back in the day) but they don't get the same kind of attention as meme coins because they can't be abused as easily. I've heard stories of these kinds of tools facilitating commerce in places where the local currency collapsed. Neat as that may be it isn't revolutionary... Still more convenient than bartering via cigarette though.
the problem with crypto is that when you try to explain it, it sounds so stupid that someone else thinks you have to be explaining it wrong
but if you want explanation, this one is fine https://ic.unicamp.br/~stolfi/bitcoin/2020-12-31-bitcoin-ponzi.html and this https://www.ic.unicamp.br/~stolfi/bitcoin/2021-01-16-yes-ponzi.html
When I think of crypto I think of that bloke grubbing through landfill for a lost hard drive. I think of Sam Bankman Fried. I think of Trump's meme coin. Yes, I'm sure someone must be explaining it wrong to this old lady.
So the same as most currency that isn't backed by actual valuables? Like the US dollar after it stopped being backed by gold like 100 years ago?
Crypto is a world currency that people have assigned value to. Pretty much all other money is a currency that individual countries have assigned a value to. Both types can be just as worthless. Hyper inflation has made money from many countries worth less than a roll of toilet paper to wipe your ass with. For that matter, the US dollar could buy you 30 rolls of toilet paper 75 years ago. Now it can only buy you like 1 roll.
It's a speculative asset that fluctuates based on the whims of billionaire hedge funds and early crypto investors. There is zero value in owning it unless you got in early enough. And even then it's a situation of the last man holding the bag. Someone will end up losing their asses.
As an elder millennial, I respect gen z and alpha for coping with modern society. It may just be a fond remembrance, but things seemed much simpler then. Creative jobs weren't threatened by AI, the tech didn't exist for corporations to spy on people, the US.. well let's not get into that.
I at least got to experience a decent time in history and built up enough context where I understand what is going on in the world today. That of course leads to irreconcilable sadness with where things are going, but at least I got to experience a wild culture shift.
When I was a kid I always was amazed at things like my grandparents going from no electricity to microwave ovens and VCRs. I often wondered about huge cultural shifts and what that was like, going from preindustrial production to industrial or major shifts in religion that affected whole societies. Now I am experiencing it and it's very uneasy but exciting at the same time. Weirdness.
It’s not that brain-melting. Taken one day at a time, the shift was very gradual.
Why you gotta do me dirty like that?
Crap. I'm an elder now?
Oh. Yes. Yes you are. Look after your back. You only get one.
8th grade teacher got pissed at us on 9/11 because he thought we were laughing at the fact that a plane had hit the WTC. We were laughing because one of the girls didn't know what the WTC was. We turned on the TVs to see the second one get hit.
6th grade we had napster while some of us were still bringing in cases of floppies to play games that'd run on the computers
4th grade for me, so barely old enough to understand the significance, but definitely old enough to remember airports without TSA, and being able to go all the way to the gate with whomever was flying.
9/11 was high school for me, Columbine mass shooting was around the same time. I went from end of cold war get under your desk drills in early grade school to a few years with no drills aside from tornado, to ending high school with active shooter drills.
Yeah, let’s see you write a new autoexec.bat file with whatever text editor came on a DOS3.2 floppy that’s infected the the Stoned virus after you stupidly deleted autoexec.bat from your 386 by going to the library and checking out some books.
Uh oh, your dad is going to beat your ass!
If only the pace of technology was the only paradigm shift to have to worry about since the 80s/90s
