Permanently Deleted
Shaming folks helps them and their peers not be marks for the next round of pyramid schemes, so there is an element of "this is for your own good", whether you agree with the conclusion or not
I don't think a single person on this site wants to see anyone go hungry or homeless because they were scammed and fed some bullshit
I'll be partying when the stock market crashes, too, despite so many old folks losing their primary source of income.
Agree, this is just a long predicted tragedy unravelling. We just like saying "I told you so, now let's burn shit down together"
If they wanted sympathy, crypto losers should have chosen a less environmentally destructive Ponzi scheme to get scammed by. They can all get fucked
I’m usually not one for “Do your part to help save the environment!” What good does you rationing your electricity do? Nothing, and it should be clean energy that doesn’t need to be rationed anyway.
Crypto is my one exception. There’s one very simple thing you can do to have an actually significantly lower carbon footprint, and it’s DON’T FUCKING TOUCH CRYPTO
There is no ethical consumption under capitalism but crypto is such a low bar of decency that it's 6ft underground; you actively have to go out of your way to trip over it.
“There’s no ethical consumption under capitalism” doesn’t apply to “gambling on the coal burning machine”
literally just give your money to the nigerian prince, at least thats mostly moving money into the third world and doesnt spend 100TW of energy
I mean, you don't deserve to lose your savings, but you were a mark. No offense intended.
mate, if losing a couple grand on crypto is no big deal to you, then frankly i don't give a fuck
and you're not a leftist if you willingly align yourself with the interests of capital.
heres a secret: you were always going to lose that money, from the second it went in. people here are celebrating the collapse of the massive planet-burning scam while the victims convince themselves its was a total surprise and tragedy.
...really? Leftists love when people that need to get got, get got.
Are you not familiar with :crab-party: ?
You, your partner, and everyone else who bought into this environmental disaster of an obvious scam.
Over half of all Americans cannot afford an emergency $1000 expense. Just under half of Americans own zero stocks. If you have money in the thousands to blow on crypto, you are in the more fortunate half.
A couple of the people in my collective have gone in on crypto, but only a tiny bit, and with the full understanding of "this is gambling, this is a decentralized/distributed MLM scheme".
Bitcoin probably will not crater or bust. It probably will stay above $15k - unfortunately, for people like me who just want to build a PC that doesn't cost an arm and a leg.
I have two friends that are into crypto and I’ve been telling them it’s a stupid and environmentally destructive scam since day one, and I hope they come out having overall lost a couple hundred bucks so I can laugh at them for being marks.
I don't want to roast you, and I think it's sad that material conditions have tricked people into taking huge risks, but this was an obvious scam. It collapsed slowly enough to see it coming. Nobody should trade all of their security for such an obvious scam.
We need to push back against predatory stuff like this and let the bag holders be those that perpetrated the scam. I don't think coddling and not talking about sensitive topics is going to solve anything.
I admit, I don't understand it that well. I guess what I want is to see the people running the mines go.bankrupt.and have to sell their real estate and computers.
I'm only laughing at the people who insisted that this would disrupt traditional finance, because I could provide them with example after example, loads of documented cases, the very nature of who was funding it, and they would continue to assert that I was the one giving in to propoganda.
Now I get to laugh, because for all their 'research' and 'understanding' they couldn't apply basic theory to this bullshit.
I’m only laughing at the people who insisted that this would disrupt traditional finance
That is basically all of them because as soon as you buy some crypto you become materially invested in its success. Nobody that invests in crypto is out there spreading word that it's a scam and not to do it because their investment growing actively relies upon convincing other people to get into the scam.
I feel bad for these people but only in the same way that I feel bad for those that got into Amway and other ponzi schemes. They all become sellers of the scheme. They all become the scammers.
It's a complex emotion. Similar to the way I feel bad for people who get into Scientology but also simultaneously hate everyone that is in Scientology.
Nobody that invests in crypto is out there spreading word that it’s a scam and not to do it because their investment growing actively relies upon convincing other people to get into the scam.
I know a few people who bought into crypto openly acknowledging that it's purely speculative, though they did actually make money off it
They took a gamble and lost. What do you think they would have done had they hit the jackpot instead of losing it all? I can tell you that they wouldn't have been kind as you expect us to be right now. Crypto is a scheme designed to fund far-right terrorism. If they win, each and every one of us is going to get fucking murdered by those monsters. Well they wanted to get rich or die trying, so ... ok now's their chance, get in.
if my friends and peers lost thousands gambling on game that involved lighting thousands of barrels of gasoline in fire, I would be like "lol, you guys are dumb as hell. owned."
I think it's also worth noting that many of the true belivers, successful or not, were people with an already ingrained tendency to hold reactionary capitalist beliefs, and now that a not insignificant chunk of them has been made destitute, they are more likely to turn to fascism as an explanation and solution to their material conditions
there is a non zero number of chuds who think Bitcoin is crashing because of Brandon :frothingfash:
