
jaina ig
The founder of reddit is onstage right now at this trade show keynote speech talking about crypto. Is it worth getting fired to shout "CRYPTO IS A SCAM"?

vyeresz 🐍
crypto and capitalism

jaina ig
gritting my teeth as he talks about NFTs

jaina ig
he is being vague as hell lmao

ʟɪɴᴀღ
if it were up to him, reddit would be the next 4chan

jaina ig
I can't believe this dude got with Serena Williams

unoiled snake
... oh right, that happened

ruxi
I'm so torn on crypto, I used to be on the "there is nothing underlying the asset!!!" but as I look at commodities, which are the classical asset-backed market and levels have been off the charts and immensely volatile since Rus-Ukr I'm like

ruxi
if we've come to this point of sentiment-based trade, maybe we're... collectively ready to crypto lmf

jaina ig
if nothing else the climate impact would have me on the fuck crypto train forever

ruxi
we deserve to be the Doge Coin generation

jaina ig
gasp

jaina ig
so harsh

ruxi
look at us

jaina ig
no!!!!

ᴅʀ. ɢᴏʀɢᴇᴏᴜs
i have artist friends who've made a fuckton on NFTs so i can't hate the concept fully lmfao. like if i weren't a lazy piece of shit who draws fanart I'd seriously consider making original content for NFTs ¯\_(ツ)_/¯

ruxi
also my condolences you are working a Saturday

ʟɪɴᴀღ
i hate everything crypto is but i would be in the middle of it if i knew a way to make money off of it. but that certainly doesn't mean it's a good thing or even a stable thing.

unoiled snake
I'm on team NOPE to nfts

unoiled snake
don't need to burn the world any faster thanks

Decaploid viola
grooooans

Decaploid viola
IT PROBABLY ISN'T WORTH IT BUT RIP

ᴅʀ. ɢᴏʀɢᴇᴏᴜs
there's a concept of anti-NFTs outside of the environmental aspect that likes to argue that artists must starve and suffer for their work to be valid, which i find inherently disgusting. have a problem with the environmental cost? fine. think artwork is only valid if the artist cant feed themselves? ahaha eat a dick.

unoiled snake
yeah uh no, absolutely not that

unoiled snake
but people could pay artists proper money, that would be great

ᴅʀ. ɢᴏʀɢᴇᴏᴜs
yupppp

unoiled snake
and yes I know they are very hesitant to do that

ʟɪɴᴀღ
my main issue, beyond climate stuff, is that none of it has any real value. but like what was said above, we're turning into a sentiment-based trading economy, so it works. all this "it has value if the buyer thinks it does" works. right up until it doesn't anymore

unoiled snake
yeah and from everything I've heard about it, it's a pyramid scheme

ʟɪɴᴀღ
my mind keeps going back to what life is like post-hurricane where no one in the state has power for like 2 weeks to 2 months. you can't use a credit card. have fun trying to live on crypto.

ʟɪɴᴀღ
it's absolutely a pyramid scheme. just a very complex, long-term one.

ruxi
that said, they're even incorporating crypto into real estate deposits now - it's funny, because beyond climate, this is becoming "eye of the beholder" currency

unoiled snake
oof

ruxi
how much is it worth ? however much 10,000 people say it is, also never lose your wallet password ig

jaina ig
I am awarding him a few points because he just pointed out that it was like 6 months of parenthood before anyone asked him how he was balancing being a dad with being an executive, and it would have happened immediately if he were a woman

ruxi
ok but why is he doing a conference on a Saturday, pls look him in the eye and ask

jaina ig
ruxi
: it's this

jaina ig
so not his call but I too would like to know why the show starts on a weekend bc it sucks

ruxi
lmf seriously there is no excuse