What World Does Bitcoin Want To Build For Itself? | Defector
defector.com
LAS VEGAS — “We often talk about baseball games as a metric for where we are, and we’re literally in the first inning,” one of the Winklevoss twins gloats. “And this game’s going to overtime.” It’s the first day of Bitcoin 2025, industry day here at the largest cryptocurrency conference in the world. This Winklevoss…
  • A_norny_mousse@feddit.orgEnglish
    2·
    4 months ago

    What a horror show! With sick fascination, I read all the way through to the end.

    There’s no tidbits to quote because it’s all tidbits, trays of eyeballs, olives and paper-thin prosciutto skewered on cocktail sticks.

    PS: HODL always reminds me of Hodor, or Hold The Door, as it is horrifyingly explained in one episode.

    • YourNetworkIsHaunted@awful.systemsEnglish
      1·
      4 months ago

      The quote that sticks in my head is

      You are not expected to believe any of this stuff, but rather to believe in the predatory utility of saying it.

  • Soyweiser@awful.systemsEnglish
    1·
    4 months ago

    The crypto boom of 2021 was a direct result of a bunch of Americans being cooped up, too online, and also, critically, having a bunch of extra cash thanks to Paycheck Protection Program (PPP) loans and a series of temporary relief checks

    People (esp pro crypto ones) keep saying this, and I dont believe this is true. Dont even think the timelines match up. (There is another story about crypto boom and inflation which also doesnt match the timelines).