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.

    • magic_lobster_party@kbin.social
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      1 year ago

      Those that don’t feel like Rube Goldberg machines to me. Terra Luna comes to mind. It’s all fine and dandy until something goes wrong - and once something goes wrong it goes terribly wrong. Just one bad day from collapse.