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Ciderpunk

@Ciderpunk@lemmy.world

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Ciderpunk ,

The same Afroman who wrote “Hunter Got High” about Hunter Biden and who said he would love to play at Trump’s rallies after endorsing him?

Good time to remind everyone that you do not, under any circumstances, gotta hand it to ‘em.

Ciderpunk ,

Money corrupts.

Ciderpunk , (edited )

Crypto is hated because it’s an MLM for terminally online people.

It gains value because people want it and people want it because it gains value is both a perfect description of cryptocurrency and scams.

Ciderpunk ,

Tangible items can have utility in the real world, where cryptocurrencies can never be anything more than numbers on a display.

Gold can be used in electronics, and I get that people are mad that currencies are just something we all mutually agree have value, but generally speaking powerful governments back those up. Cryptocurrency is backed up by people promising it’s totally gonna be a real currency any second now. Please ignore that crypto can wildly fluctuate in value which generally a horrible thing for a currency to do.

Ciderpunk ,

The only two countries that accept bitcoin as a legal tender are noted powerhouses El Salvador and the Central African Republic… not exactly world leaders.

Ciderpunk ,

Hard disagree here, I literally cannot access a cryptocurrency without power but I can absolutely pay cash to buy some water during a power outage.

Ciderpunk ,

People generally don’t trade currencies as commodities or treat them as investments. When the same people promising crypto is totally a currency actually start treating it like a stable currency to exchange for goods and services and not an investment or commodity to be traded, I might revisit it. For now, the evangelists refuse to walk the walk.

Ciderpunk ,

I said generally. Your parents who get paid in local currency for their job are not trading in foreign currencies. The fact that rich people can find ways to squeeze more money out of just about anything isn’t a win for cryptocurrencies.

Ciderpunk ,

Yes I’m sure the 7-11 cashier would love for me to try this.

Apple pulls WhatsApp, Threads from China App Store following state order (techcrunch.com)

Apple has removed the Meta-owned end-to-end encrypted messaging app WhatsApp from its App Store in China following a government order citing national Meta-owned WhatsApp and Threads have been pulled from Apple's App Store in China following a government order citing national security concerns, Reuters reports.

Ciderpunk ,

From China’s perspective, is Meta not doing the exact same thing on behalf of the US government?

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