Crypto Cult Science | Angelino Desmet

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2024-11-06 06:00:03

Money corrupts; bitcoin corrupts absolutely. Disregarding all of bitcoin's shortcomings, a financial instrument that brings out the worst in people—greed—won't change the world for the better.

I haven't always been critical about crypto“currencies”. I've bought them, I've earned them, and I've used them. I came for the profit and stayed for the tech profit. I'd be lying if I said otherwise. Though, I did find it fascinating, for a while, after being persuaded that I should find it fascinating. Obviously there's some academic “merit” behind the technology—similar to studying the Ptolemaic epicycles—but far less so than what evangelists try to sell you [⇣] . Realizing the extent of its shady, ignorant [⇣] , and spam-happy proponents [⇣] , I opted out.

Since then it has only gotten worse. Their arsenal now includes dimwitted insults such as “have fun staying poor” or “look at those poor no-coiners” while shooting lasers out their eyes (,) . Cool [⇣] . This whole ordeal has more in common with predatory multi-level marketing rather than a reasonable investment. Let alone something revolutionary. Truly revolutionary things inspire, they speak for themselves [⇣] ; I bet the Wright Brothers never bothered to utter “look at those poor no-flyers”. No, they flew. Flew!