social media engagement hype, predatory capitalism, and disinformation ruining something
I mean, it still works for getting around Visa and Mastercard. For instance it can be used to make donations to various media piracy groups. It’s just that it’s so useful to scammers and many people see the technology as a whole as being one ‘brand’.
Maybe. I feel a bit out of the loop on “crypto community culture” because I understand that much of it largely exists on Twitter nowadays, and I don’t go there. Still, it is a functional solution for a money equivalent of encrypted communication.
Or Discord! And investment TV! It’s so cultish, it’s unreal.
I think this should be distinguished between “pure” crypto enthusiasts, in it for the utility, not speculation, which are probably like pink elephants now.
AI has a similar divide, where like 99% of the hype is on Twitter and TV with AI bros, but there are little niche communities messing with open weights, locally runnable models in a much more grounded way. /r/localllama used to be a hub for this (and there is a little branch on Lemmy), but unfortunately it seems to be getting strangled by Reddit enshittification .
I mean, it still works for getting around Visa and Mastercard. For instance it can be used to make donations to various media piracy groups. It’s just that it’s so useful to scammers and many people see the technology as a whole as being one ‘brand’.
It’s more than a perception problem now, it’s a culture one within the crypto community (as far as I can tell).
Even if you treat the most prominent crypto as a utility, the sea of hype and speculation will affect you.
Maybe. I feel a bit out of the loop on “crypto community culture” because I understand that much of it largely exists on Twitter nowadays, and I don’t go there. Still, it is a functional solution for a money equivalent of encrypted communication.
Or Discord! And investment TV! It’s so cultish, it’s unreal.
I think this should be distinguished between “pure” crypto enthusiasts, in it for the utility, not speculation, which are probably like pink elephants now.
AI has a similar divide, where like 99% of the hype is on Twitter and TV with AI bros, but there are little niche communities messing with open weights, locally runnable models in a much more grounded way. /r/localllama used to be a hub for this (and there is a little branch on Lemmy), but unfortunately it seems to be getting strangled by Reddit enshittification .
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