Comments by "Anony Mousse" (@anon_y_mousse) on "Source Hut Took A Stand Against Cryptocurrency" video.

I feel conflicted on this one. On the one hand, I haven't seen a truly private cryptocurrency, although I'm told with no real proof that Monero is, and mostly this just seems like "mining digital resources" because none of it has a truly physical form. On the other, if someone can come up with a truly private cryptocurrency and people can use it in whatever way they see fit, I would want it to succeed. Either way, this is one of the reasons why I don't use GitHub or GitLab or any public host. If the host deems your project to be bad you have to scramble to rehost, even if you have weeks of notice. All that said, NFT's are definitely a scam. Buying an entry on a block chain which just has the text that is a URL to something that you don't own is really stupid.
7
@Omnifarious0 Problem with that analogy is when you buy a print of a famous painting or photograph, you can do what you want with it, except make copies and sell those. When you buy an NFT all you have is an entry in a ledger, you can't use the image that the URL points to in any way at all. And anyone could make an NFT of any URL, multiple times if they felt like it.
3
@SolidSt8Dj Yeah, and it's still the closest to true privacy with a cryptocurrency, but in the end you still need to have cash to spend in the real world and that end point is insecure.
3
@mx338 That's an incorrect assessment. I'm not calling people I don't like lesser, I'm calling people who are evil lesser. Wanting to steal from me and everyone they hate and are jealous of as well as take my freedom because they're afraid of what I'll do with things I've earned and just in general afraid of what I'll do, that makes them evil. I don't work for random strangers, and I refuse to give what I've earned to people who hate me because I think people should earn what they have. This is when you come in with an argument about generational wealth completely forgetting that we do things to make the world better for our children and that includes passing on the wealth we've earned. As they are a very real extension of us, passing on that wealth is the same as passing on genes, whether for better or worse. You can whine about it being unfair all you want, but life isn't fair. An example of that would be passing on congenital heart disease. You can steal from others to make up for someone born with a genetic disease, or you can do the grown up thing and try to cure that disease.
3
@waiai8917 Yeah, they're not going to announce when it gets broken in that way, but it's already broken in another way right from the start. When you go to exchange it for a different currency, say actual cash because you need to buy something somewhere that doesn't accept cryptocurrency.
2
@thatonegoblin7051 Actually it's a user problem.
2
@mx338 The problem is that we no longer have capitalism and haven't for decades. Things have gotten really bad because we've let it disappear by not taking the most basic steps to preserve it. Monopolies are anti-capitalistic because they prevent competition which is key to capitalism existing and being healthy. In what other system could we have a random person get a small loan, start a business and become a multi-millionaire, yet you would probably decry their wealth through hard work because decades later it rotted and turned into what we have now. Capitalism is freedom, and freedom doesn't come without sacrifice and hard work. If you build a tower and just sit and look at it for the next 40 years, of course it's going to crumble under your feet.
2
@mx338 Well, thanks for disabusing me of the theory that Princeton was a reputable school. But to address the point you tried and failed to make in your last post about science, it doesn't happen in a vacuum with zero funding. Capitalism allowed for the capital to be there to promote and further science. Meritocracy most certainly isn't a lie, otherwise we wouldn't have so many millionaires and billionaires that started off poor. You can decry inequities, but your quality of life and that of even the poorest amongst us is far better than it was 100 years ago.
2
@mx338 Yeah, the study wasn't done correctly, hence why I won't trust Princeton again, but the Soviet Union stole most of what they had from other nations who generated the tech from a capitalistic standpoint. The government didn't just fund research for the feels, nor did they fund it all alone, nor did they fund all research that's ever been done. What's more, products weren't brought to market that improve people's lives without the capitalist market bringing them. You're trying way too hard to be wrong about how the world works.
2
@user-ux2kk5vp7m AOC has an economics degree, so I wouldn't use that as a determining factor of intelligence or knowledge or capability.
2
Sort of like the issue with free speech.
2
@Omnifarious0 You can include more than just the URL in the ledger entry. A hash of the file still won't give you any rights over the thing the URL points to.
1
@wumi2419 But the US is a member of the UN and has voting power and can indeed push for and take part in sanctions. And the US does impose sanctions on their own as well.
1
@wumi2419 Then you need to rethink your definition of sanctions, because it's wrong. The US is a huge market and has widespread influence, thus any country specific sanctions by the US will affect someone quite deeply. Often they won't be able to do business with people that do business in the US because it would infect them too.
1
@mx338 Capitalism gave us the best quality of life and the best technology to enable that quality of life. What we really need is to have one of the basic tenets of capitalism be enforced, and that's competition. We need the government do their job, for once, and actually file antitrust lawsuits against all of the monopolies that are strangling us. And we need a reform of our copyright and patent systems.
1
@mx338 I never said capitalism was the natural order, but none of our economic models are natural. None of our labor models are natural. And companies these days are no longer capitalistic because they've formed monopolies within their spheres of influence. That's one of the problems with leftism. Leftists will use the systems that other better people built up and use it to crush others under their boots and subsequently destroy the systems they use and all in an effort to gain control over everybody. This may be my last response to you here because YT has decided to no longer notify me when people respond.
1
I'm surprised how so very many don't realize that we no longer have capitalism in the world and haven't for decades yet they keep claiming it's at fault for all the worlds ills. If we had just done the minimum work to keep it alive we'd all be better off. Based on your attitude I can't imagine you'd agree, but bailouts were an egregiously wrong step in an already collapsing world that had already been going down the drain for a good long while. Nothing was too big to fail and every bank and corporation that sent us further in that direction than we had already been should have ceased to exist and the corporate executives in control of all of that should have landed in prison and still be there today.
1