this post was submitted on 17 May 2024
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Gifs
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It's kind of funny and telling how you could rely on such a ruleset to earn profit. The idea is based more in marketing and psychology than anything else. Venture capital speaks to this, and that entire suathes of markets rely solely on degeneracy.
When people brag about the money they put in funds, I ask them to tell me which ones they've put money in to. They seldom do, citing that it's a secret, because cursory web searches of funds would reveal profiteering off war, strip mining, blood diamonds, slavery, etc, all neatly hidden in a network of conglomerates and multinationals loosely associated with each other. Hint: want to use slaves in Africa? Hire an "employment agency".
Speaking of which, why do crypto at all? Launder your money using a South African shelf company like everyone else. You don't need to go digital. There are tried and true ways, but I guess the griftonomics behind crypto is enticing to plenty of people out there, because of the pure human interests put into it equates to bigger profit margins. So we recreate the same conditions, only digitally - and then claim it to be better than fiat currency... even though it didn't do anything to solve other intrinsic issues, and instead made them worse.
What I've just described is the old world and the new, merging, like the teeth of a meat grinder bearing down on principles and values...
Great systems. Top notch. Not degenerate, like at all /s