Dr. Rupert, Doctor of Shitpoasting Studies on Nostr: Oh it’s cool in a cyberpunk way but those transaction fees are baked into the cake ...
Oh it’s cool in a cyberpunk way but those transaction fees are baked into the cake and it also has no underlying value. It’s more abstracted than fiat, which is actually impressive. What is a “crypto”? Prosecution futures? Theoretical points for a GPU solving sudoku?
It’s utter nonsense. It exists to waste electricity and make nvidia giant piles of cash. It‘a unreal and isn’t backed by threats of force. What value is produced and how does it store value if it produces nothing?
Not sure why the whole idea of it gets to me but it has since a btc could be got for a penny and I don’t understand why people pay actual money for the things.
Published at
2024-03-06 01:55:58Event JSON
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