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one more shitty techbrofad down (slrpnk.net)

submitted 3 months ago by stabby_cicada@slrpnk.net to c/memes@slrpnk.net

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https://www.goingconcern.com/ais-hype-phase-is-dying-and-fast/

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[-] Varyk@sh.itjust.works 4 points 3 months ago* (last edited 3 months ago)

"CBDCs aren't cryptocurrencies"

Love to hear how you think cryptographic digital currencies aren't cryptographic digital currencies.

"As for the rest, "It's good because it's making lots of money""

cryptocurrencies are exceptionally popular tech with very active communities developing new technology that is constantly gaining popularity and value.

by your flawed metrics, solar power is "hype".

[-] stabby_cicada@slrpnk.net 32 points 3 months ago* (last edited 3 months ago)

Love to hear how you think digital currencies aren't digital currencies.

Not all digital currencies are cryptocurrencies. CBDCs are digital implementations of government-backed fiat currencies. If you don't understand the difference I don't have time to try to convince you, sorry.

by your flawed metrics, solar power is "hype".

Solar power produces energy. Cryptocurrency produces nothing and wastes energy doing it.

[-] Varyk@sh.itjust.works 4 points 3 months ago* (last edited 3 months ago)

whiffwhiffff.

but hey, you swung.

[-] marduk@lemmy.sdf.org 3 points 3 months ago

Strange hill for them to die on... A quick search makes it obvious that CBDCs use cryptography

[-] drcobaltjedi@programming.dev 18 points 3 months ago

Strange hill to die on. A quick search makes it obvious that credit cards use cryptography.

Hey dude, cryptography != cryptocurrency. Cryptography just says "yes, this person made this transaction, I am sure of it as a computer because this math checks out".

[-] marduk@lemmy.sdf.org 6 points 3 months ago

Wait, so you're telling me that every time I swipe my VISA and smugly explain to the cashier that I'm a crypto bro, I've been the fool all along? Please excuse me while I begin to question everything in my life