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comment by elizabeth
elizabeth  ·  10 days ago  ·  link  ·    ·  parent  ·  post: Y'all we gotta talk about FTX.

Yeah, that’s what they call bitcoin maximalists from what I gather. Saying btc is better than Eth cause of the proof of work/stake difference? “Meritocracy “ vs “stakeholder power” apparently? And that Eth enabled the technology for scammers to scam easier since shit coins are built on top? I think I’ve learned more in the past week about crypto with this whole thing unfolding, but still have a pretty basic understanding of it all. Certainly made following this shitshow of news more exciting.





kleinbl00  ·  9 days ago  ·  link  ·  

lol

I have amassed a reasonable collection of personalities to follow on Twitter. They were, to a man, deeply arrogant and self-confident. Now? Now they're mostly silent. Some of them have been very performatively, heart-rendingly skint.

You start to realize that these people with 100,000 followers were nine years old when Mt.Gox went down.