Memes

Yeah....Luke with NFTs, the thing really has an Emperors New Suit vibe, to me.

…and yet here you are making a post about it. :)

Way back when Bitcoin was first being talked about on Slashdot, I mined for a while. On my processor. For like a month. I got about 1/20 of a Bitcoin out of it.

And then I lost interest for a long time. And then it became clear blockchain is an infinite self-similar fractal of scams and ponsis.

I haven't done anything with my 1/20 of a Bitcoin. I don't have any expectation it will go up or down. If the bubble takes back off and inflates so much 1/20 of a Bitcoin becomes life-changing money, I might try to sell it. Maybe if a bunch of crypto-owning crypto-skeptics organize a mass sell event to drive it to zero, I'll take part. Otherwise, it'll stay where it is for the forseeable future.

Ironic that someone like me who believes wholeheartedly that blockchain is snake oil is such a model hodler.

Crypto is the hack. On your wallet...

And here I am sitting at the bank trying to resolve a credit card transaction being rejected to pay for my student loan, something that wouldn't be an issue if they accepted cryptocurrency. But sure, whatever makes you feel better about yourself.

Update: there was nothing they could do, and I am forced to make an overseas bank transfer with a 50$ + 1/20% fee every month from now on. My bank fucked me hard by arbitrarily blocking these credit card transfers.