• alienanimals@lemmy.world
    link
    fedilink
    English
    arrow-up
    39
    arrow-down
    4
    ·
    1 year ago

    This article was written by a centralized bank that received huge tax payer bailouts in 2008 because their executives were too busy fucking over the average American.

    • ZombieTheZombieCat@lemmy.world
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      1
      ·
      1 year ago

      Obligatory fuck psypost. The most click bait, sensationalized headlines for small sample correlational studies that almost always have a divisive basis, like “democrats are better at x than republicans,” or “men are better at x than women” or some shit. I got so sick of seeing it on the front page of reddit every single day because there were ten different subs reposting the same articles.

  • The Snark Urge@lemmy.world
    link
    fedilink
    English
    arrow-up
    28
    arrow-down
    5
    ·
    1 year ago

    DeFi was supposed to be a rad lefty thing in its conception. Conservatives can truly ruin anything.

    • InvertedParallax@lemm.ee
      link
      fedilink
      English
      arrow-up
      6
      ·
      1 year ago

      Rad-lefty?

      Rich people can hoard their money without the government?

      How much further right can you get?

      • The Snark Urge@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        2
        ·
        1 year ago

        That’s a very small frame you’re prompting me to respond within. Fiat currency is a big complex issue and every attempt to subvert it is also necessarily complex

        • InvertedParallax@lemm.ee
          link
          fedilink
          English
          arrow-up
          1
          arrow-down
          1
          ·
          1 year ago

          Yes, but rich people have, at the end of the day, been at the mercy of the state for currency and protection, and the state can shift left and right.

          Once they are free from the state for currency, there is only protection left, and they can buy that, with their currency.

          I’m on crypto because I see which way the wind is blowing, and it’s blowing away from anyone with less than $50m by the end of the decade.

    • yata@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      It was never a “lefty thing”. It was a right wing libertarian thing from its inception, and that hasn’t changed at all.

  • endhits@lemmy.world
    link
    fedilink
    English
    arrow-up
    19
    arrow-down
    2
    ·
    edit-2
    1 year ago

    Crypto itself isn’t an issue. My view has always been that it wasn’t meant to be an investment, but a currency. The issues are the grifters and loons that promote this as an investment.

    • bitsplease@lemmy.ml
      link
      fedilink
      English
      arrow-up
      4
      ·
      1 year ago

      And incidentally, the rampant speculation around them has rendered them mostly worthless as a currency due to the high fluctuations in price

  • febra@lemmy.world
    link
    fedilink
    English
    arrow-up
    13
    arrow-down
    1
    ·
    1 year ago

    The most obnoxious people I’ve ever met were all conspiracy loonie right wing crypto bros

  • Sethayy@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    13
    ·
    edit-2
    1 year ago

    Idk feels a bit like propaganda to me, crypto is the closest to a socialist currency you can get; instead of one or 2 super banks controlling all the money its divided throughout the people.

    but then again this study has no (and obviously couldn’t easily) bias control for such a factor