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Be kind to your elders
(lemmy.world)
Now people wait in line for Pokemon cards. 🤔
Nobody is expected to understand crypto. Same with the stock market and generally the economy. If it was simple and see thru you couldn’t run this many scams.
Goddamn I'm not that elder! But also true
I understand crypto... and it is utter shit.
People used to enjoy anime and MST3k episodes on fifth generation VHS copies. Crypto is worse than that.
You know why vhs quality degraded with every generation of copy? It wasn't an accident or a technical problem, it was deliberate.
They want to discourge people from copying their tapes, so there was a mechanism in the VCR to actually cause some drop in quality when you taped something.
This is why TV tapings of a movie would never be as good as buying/renting the same movie from a store. Even if you used a virgin tape.
However the original quality was so shit you don't really notice.
Prior to true HD home media we really didn't know any better. I grew up in Dubai and the Disney Aladdin film was actually banned there, but not before some pirated copies came out. That pirated tape was really poor quality but I didn't notice or care. Seeing the 1080p, however, totally blew my mind.
MST3K was great, and anime is good.
1990 time for Guru
i remember standing in line for dvds. we were hacking regionlocked discs before nft was just a scammer's wet dream. we were moulded by early modern technology.
Crypto? Yes, I know what a pyrimid scheme is.
Who is expecting them to understand cryptography?
A yes the RS encryption, public key, private key ...
I vaguely remember
- Fuck you
- Who the fuck do you think you are?
- crypto is a fucking scam
Crypto isn't a scam. It's a fantastic way to protect yourself online and HTTPS has been a game changer. Crypto currency is a scam though.
So people who 35years old are elder now.
Get back in the lounger grandpa
I'm 37, I'm not old!
Yes.
Fuck, I'm considered an ELDER now?
By someone old enough to not just be a dad, but identify so much that it's their username. Fuck this kid. I'm not old. Just getting fat, bald, slow, dumb.. oh wait.. maybe they're into something 🥹 😭
Dispense your wisdom, o my elder. I'm just a nineties boy, what do I know of the world before ?
I was born i 85. Not much more wisdom I can give I'm afraid. I am a tech early adopter and a coder so I understand crypto it's just too volatile a market for me to care about. Wish I had invested in Bitcoin when someone asked me if I wanted to in 2012 though. Mostly my driving force for new tech adoption was my gaming habit. I had a colecovision, NES, Genesis, Playstation, Playstation 2, and all the systems from the next gen onward once I had job money.
Your elders refers to people older than you, not necessarily elderly people
The shift was 9/11 happening and everything that happened after.
For the US maybe. For my area it was the Russians finally going home and now they want to come back
Before 1990?… fuck you.. I have kids born before 1990… elder my ass … I probably understand crypto better than you do…
I’m not bitter. Not at all.
Ok. Before you get mad. Do you think you are a normal representative of your age group?
If you walk into a room of people you don't know but who are all likely born within +/-5yrs of you, would you expect to be able to talk about crypto with any sophistication and at least half would be able to follow?
If not, then the generalization is true even if it doesn't apply to you specifically.
...Dad? Haha I'm about to hit 40 and shitcoins are my brainy boomer dad's hobby.
To be fair, us elders had grifts and money laundering too, so crypto is nothing functionally new.
No hate, but this is exactly proving the point of the meme. There's so many new concepts and paradigms, each so complex and constantly evolving, that we need to rely on familiar comparisons that strip away the true identities of the subject. And I think this is true for pretty much every everyone in this information (bombardment) age, myself included.
People tend to forget that cryptocurrencies are based on cryptography, and were founded on the dream of building a decentralized system, built by the people, free from "big player" censorship and influence, in the wake of the 2008 crisis. If you are on the Fediverse, I guess you share that dream. But then the finance "bros" started coming in and badabing badabang now it's another asset you trade through your bank like stocks or gold. Then came the NFTs and yes, somehow "crypto" evolved into being the prime speculation and scamming vector.
And the same goes on for every news topic. "Trump!" "Gaza!" "AI!" "Climate!". Our brains try to reduce these mind-melting concepts hitting us all the time to simplified good/bad or us/them categorizations. And we're left utterly unable to actually tackle and act upon anything at all.
No, no one is forgetting they're built on cryptography. It just doesn't matter. The underlying technology of a thing doesn't have much bearing on the properties of the thing as far as practical usage goes.
You don't care what your car is made of as long as it has good fuel efficiency and crash rating. Steel ceramic and aluminum are just tools to that end.
Research into cryptocurrency started long before 2008. Academics and odd crypto enthusiasts have been working on it since the 80s.
The intent from the beginning has been a mix of curiosity, paranoia, and buying drugs.
Bitcoin was hardly a "for the people" project. It was initially used almost entirely for black market purchases, largely via silk road. "The people" did not give a fuck about perfect anonymous digital cash. It solved a problem that most people didn't and still don't have.
The adoption order was: Math nerds > drug lords > finance > small investors. It's still not actually adopted as currency by people.
When you create a thing for the purpose of making monetary transactions untraceable, and your first major users are all using it to hide where their money came from from the government, it's really fair to say that you created a money laundering tool.
Bitcoin wasn't taken over by finance people, they're the reason it didn't taper out like previous cryptocurrencies, which either fizzled or were shutdown for being nuggets of financial crime.
It's really not proving much of anything. These new "concepts" and "paradigms" are nothing more than buzzwords thrown onto old concepts. Every scam is a scam that's been done before even if there's a new layer of glittery wrapping paper over it. Who're you trying to convince more, the potential suckers or yourself?
I keep saying that humanity's toys do evolve spectacularly while humans are still working on the same basic impulses they've been dealing with for millennia.
Trump is a petty conman who does everything in his power to consolidate as much power in himself as he possibly can so that he can funnel as much money to himself and his gang as he can. That's not new. The environment he's doing in may be more complex, or differently set up than in previous iterations, but the core is depressingly mundane.
Gaza is just people hating people and other people supporting different sides while all sides give each other more reasons to hate each other perpetually, some more war-crimey, some less so. Tragic,, quagmired to hell and back, but not groundbreaking in and of itself.
As for AI, the framework is the usual capitalists trying to convince everybody that their new best revolutionary thing is a word sorting machine that can sort very, very many words now very fast. Trying to cash in on the hype is the eternal constant, the occasion this time is a very sophisticated chatbot/image generator based on all the materials the inventors could get away with stealing.
And climate stuff is just this generation of capitalists stripping the planet for parts while they can get away with it. The scale is bigger, but vulture capitalism is also not even remotely new.
Just like the principle of singular attributability of data via the blockchain is a fancy way of assigning stuff to one recipient. We've had approaches to this before. This time the blockchain's ledger system is the big new anchor for the human element, which will invariably at first be either grifters or people who wanna bash in other people's heads with it.
SMH. Dear boy. We elders were taking it to the streets in the 60’s and 70’s—in huge numbers. We organized without social media, were willing to face danger and arrest, and got shit done. We were using DOS before you were probably even born (do you know what that is?). While many of us are, in fact, fading, there are legions of us with knowledge and experience you will never understand until YOU are an elder.
I understand that crypto is a scam that will rob millions of people of money they desperately need.
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I feel like its an advantage to know the analog way to do things in addition to the current norms. For example, navigating by paper map and direction of the sun, like some kind of land pirate.
FUCK YOU! I understand crypto and STILL have a VHS tape I never returned. pfft. arrogant youth. now where do i push to send this to reddit?
Listen here you little shit: you think you’re superior because you rebranded Ponzi schemes with AI merde?
I was born in 1983 and I’m old enough to remember having only 5 tv channels, vcr’s, and you couldn’t get on the internet if your mom was in the phone.
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this post was submitted on 18 Mar 2025
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