@fantawurstwasser@feddit.org to Technology@lemmy.worldEnglish • 17 hours agoResurrecting a dead torrent tracker and finding 3 million peerskianbradley.commessage-square41arrow-up1260cross-posted to: piracy@lemmy.dbzer0.com
arrow-up1260external-linkResurrecting a dead torrent tracker and finding 3 million peerskianbradley.com@fantawurstwasser@feddit.org to Technology@lemmy.worldEnglish • 17 hours agomessage-square41cross-posted to: piracy@lemmy.dbzer0.com
minus-square@ipitco@lemmy.super.ynh.frlinkfedilinkEnglish4•edit-28 hours agoBreaking news! Criminals (but not only) use crypto, and people get scammed. This happens as well with fiat, so that must surely mean fiat is a scam! Flawless logic, really. You people impress me with your thinking.
minus-square@GreenKnight23@lemmy.worldlinkfedilinkEnglish6•7 hours agoif you sell something for $1 at 10am your $1 still buys $1 at 10pm. in crypto, it’s easily manipulated, and that’s by design. it’s a scam because the only people who have that control are the wealthy. If I sell 1BT worth of something at 10am, it could be worth 2BT at 10pm, but it could also be worth .1BT equally. the purpose of a Fiat currency is economic supremacy that is backed by the governing body and the economy that uses it. tell me, what governing body or economy is crypto backed by?
minus-squarePhoenixzlinkfedilinkEnglish1•4 hours agoNone of that is “by design” its just the result of an unstable system. Crypto sucks for a long list of different reasons.
minus-square@WhyJiffie@sh.itjust.workslinkfedilinkEnglish1•3 hours agoit is by design for a lot of them.
Breaking news! Criminals (but not only) use crypto, and people get scammed. This happens as well with fiat, so that must surely mean fiat is a scam!
Flawless logic, really. You people impress me with your thinking.
if you sell something for $1 at 10am your $1 still buys $1 at 10pm.
in crypto, it’s easily manipulated, and that’s by design. it’s a scam because the only people who have that control are the wealthy.
If I sell 1BT worth of something at 10am, it could be worth 2BT at 10pm, but it could also be worth .1BT equally.
the purpose of a Fiat currency is economic supremacy that is backed by the governing body and the economy that uses it.
tell me, what governing body or economy is crypto backed by?
None of that is “by design” its just the result of an unstable system. Crypto sucks for a long list of different reasons.
it is by design for a lot of them.