6

!dev, crypto related.

Crypto is a fucking cancerous community at the moment, where everyone thinks that he will get rich overnight or just by scratching his balls in front of his pc, full of pseudo traders that shill coins here and there, talk like they were Jesus and X currency was a religion.

People that have no sense of criticism, that invest in thing they don’t understand and all this “coins rivalries“ look more like a fucking competition between brotherhoods in college than sane competition between companies.

That said, people still understand cryptocurrencies as investment assets when they should be user as what they’re called: currencies (some exceptions apply, I.e. ICOs)
Still nobody at this price would use them to buy goods and services because “it should be worth XY” and that just to reconvert them to fiat.

On the top of that, Bitcoin was born to be anti banks, anti governments, anti 3rd party trust and of course this kind of freedom has been already suppressed.
And now the exact reverse concept appears: without government trust people won’t use them because they choose to be “legal” instead of free to do what they want by following a proper ethics (don’t buy drugs kids).

Finally, SEC pushing the decision about ETF has made people scary instead of confident because it’s the same kind of people that want to be rich overnight and didn’t think that pushing the deadline for decision is a good thing as that means that they really want to take in consideration what they’re doing and want to do things the right way. That said it still kills concept of no 3rd party.

At least the dumb money has got out, and well maybe see smart people get in.

Comments
  • 1
    2 things.

    1) well said sir, Bravo.

    2) why would you want smart money competing against you?

    But I know what you mean.

    I'm purposefully totally ignoring the whole field right now, it'll take 10 years before any of it sticks anyway, maybe longer.
  • 0
    I don’t want to compete with smart money, I want that people with a minimal knowledge on what they’re doing in the investment field put the right amount of money to get results.

    People are cashing in and out amounts of money because they’re afraid of every fucking red candle.
  • 0
    Crypto or crypto currencies? Because the first one isn't necessary the last one.
  • 0
    @linuxxx yeah I mostly refer at crypto currencies but it would be weird to say cryptocurrencies community .

    On the opposite, crypto and Infosec in a more general term are very pleasing communities, and an infinite resource of learning
Your Job Suck?
Get a Better Job
Add Comment