But crypto is borderline useless that consumes more electricity than the entire AI industry while enabling alot of illegal activities and money laundering. I was quite susprised when my drug money found their way into normal people's lives.
this post was submitted on 18 Mar 2025
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Is it really so hard to just stay somewhat connected to the world around you?
It's not like it was a rapid shift, this shit has been progressing for DECADES and some just refused to learn. I've talked to 30 yos who can't do anything beyond basic computer usage, and I've seen a 80 year old who was extremely with it and troubleshooting with me.
It's not an age problem, it's a lack of effort
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hold up now.
I grew up using the (actual paper) card catalog in the library to find books and yes I predate VHS. However, I even understand crypto, but I think my definition may vary slightly from younger folks "understanding".
Crypto has no intrinsic value like gold, and as fiat currency isn't even backed by any nationstate. This means any appreciation is based upon the "greater fool" model. Its not an investment. Its a series of Ponzi schemes so repeated that the term "rug pull" is right at home in the crypto world. I'm old enough to see other Ponzi schemes and know how they end up.
The only real value that I can see for crypto is bypassing of national monetary controls. As in, you can buy crypto in your home country with your home country's currency, then travel to another country with just your coins (as hex values on paper if you want to go that far) and exchange those coins for fiat currency in the other country. This isn't unique to crypto though. You could do the same with buying rare Pokemon cards and transporting them with a slightly higher risk of seizure at one nation's border. There might even be less volatility in Pokemon cards than many crypto currencies.
So many trends are variations on things we've already seen before. Bernie Madoff would have been right at home with cypto.
Y'all don't understand. We had to learn you don't have to rewind DVDs before returning them. It was stressful.
Who do you think built Crypto? The millennials were the ones building everything in the last 10-20 years. Be sorry for the boomers. They built the infrastructure we stand on but tech has completely changed since they left the workforce.
And at least when the chase check glitch fad went around we recognized it immediately as a felony. Gen Z jumped right on that grenade.
And Gen X continues to disappear between the cracks. If it weren’t for movies made about us by Baby Boomers, nobody would even know we were here.
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Okay, as someone born in 1988, I am not an elder (but also I will accept you being kind to me please, thank you 🫠)
Us elders be here designing the shit that does crypto.
Wait… what happened to people born in 1989 that didn’t to those born in 1991???
I remember being happy to watch whatever came on one of the four channels that your TV could pick up with a rabbit ear antenna.
I remember beta vs VHS debates, now get off my lawn!
I'm a xennial and I'd say I'm doing pretty good at keeping up, but I'm also a software dev so that probably skews things a bit.