Why only the crypto rich? Any rich person can just buy crypto at an exchange at this point.
Technology
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
Those people don’t want crypto or they would do just that
Kidnappers don't want crypto? I thought the hard part about kidnapping was getting the money without getting caught.
this reminds me of the advice for people who win the lottery
make an anonymous LLC company to accept your win, so you can stay incognito
pay a lawyer and an accountant so you can continue to stay incognito and only tell your trusted friends and family about your good fortune
so crazy assholes don't come for you or them
I guess this now applies to making it big in crypto money
NOPE. Do not tell your family and friends. Everyone should read this, just in case. Besides, it's fascinating.
https://www.reddit.com/r/AskReddit/comments/24vo34/comment/chb38xf/
Yeah that’s probably the single most useful comment in reddit history
Isn't it only useful to a handful of people?
It's one of those things you save just in case. Like a first aid kit or a self defence weapon.
Maybe, but don't overestimate how useful they are in general.
That some messed up US thing i never understood. Here in germany you are anonymous by default when you win. at most it is published from what state the winner was.
That someone's name and even address is published is so completely unimaginably absurd to me. makes no sense whatsoever.
There's actually extremely strong logic behind publishing the winner. It's a whole hell of a lot harder to rig when your name is everywhere when you win.
It's a whole hell of a lot harder to rig when your name is everywhere when you win.
This also sounds like a uniquely US problem. Not that there aren't scammers everywhere, but it feels like it would be more prevalent in the US.
.... That's an absolute wild and hella nationalistic take. There's nothing even slightly uniquely Americans about embezzlement and theft-- Europe has been doing that for thousands of years before America even existed
I did acknowledge that it's not exclusive to the US. And I didn't say "it is", I said "it feels like".
FTX, Theranos, Fyre Festival, Enron, Bernie Madoff, Logan Paul's CrytoZoo, Charles Ponzi (the OG Ponzi scammer), etc.
While scams exist everywhere, the US seems specially suited to embolden people to run scams. At least high profile ones.
The charismatic snake oil salesman is an American icon.
I mean, the entire US government is currently being used for scamming.
Fiduciary and accountant. Though the accountant may be redundant there. Fiduciaries are a specific type of lawyer/ financial advisor that is required to look out for your best interests, not theirs.
What knowing someone rich in an untraceable currency does to a greedy ass criminal .
If you are rich, or at least well-off, SHUT UP. Conventional currencies already cause this, imagine untraceable currencies like crypto is.
in an untraceable currency
The majority of cryptos are far from "untraceable", just harder to prove depending on how well they laundered it.
They have to be loud about it because they are crypto influencers. If they shut up after getting rich they lose it all.
As much as I dislike crypto, this is not a crypto fail story, even though the article paints it like that a few times.
No one should have their finger servered because of other people's greediness.
These are the occasions I wish death penalty was a thing, especially for those cases where the idiots have been caught in the act - there are better things to do with my tax money than making sure they have a place to live in and some nice good meals to go with it.
Many that live deserve death. And some that die deserve life. Can you give it to them? Then do not be too eager to deal out death in judgement.
So, because I can't solve one problem, I shouldn't ever try to solve a different one? I like Gandalf as much as the next guy, but their world is very simple - evil is evil, good is good and there's no place for shades of gray.
It means death is final and you shouldn't always act rashly. Gollum was a baby eater and absolutely evil.
We need more Gandalves and less Sarumen.
This made no sense; even if we overlook the objectification of people.
These are the occasions I wish death penalty was a thing, especially for those cases where the idiots have been caught in the act - there are better things to do with my tax money than making sure they have a place to live in and some nice good meals to go with it.
I do understand how you feel about that and I do kinda feel the same, BUT ... you always have to assure that every last person has rights and gets acceptable treatment, even the ones who seemingly have no soul. Because if there's ever a category of people without rights, any government would have an easy way to get rid of eveyone critizing them.
As a side note. A death penalty case actually costs more than a life sentence.
In the US where they decided to make the punitive system for-profit?
The prison system also doesn't actually make a net-profit even in the US, it only makes money for specific people (the owners of the private prisons and the systems benefitting off of prisoners' free labor). The government actually loses billions of dollars per year maintaining prisons 🙃
No. It's more that they have higher costs and it averages out around 20 years. So it's close to the average length of a life sentence except if they're young. It's only real cheap if you have a kangaroo court and just shoot people.
Of course.
The death penalty doesn't work at all because the state serves capital (among other reasons). The worst offenders are never punished.
If you want the death penalty, there are far worse crimes than this. Just look at the genocide of Palestinians. Those murderers are invited to dinner with presidents.
While I do recognise the colloquial and unserious tone of your argument, I have to disagree wholeheartedly: Human right are universal.
I mean, it's hard. I'm not really against death penalty on its own, I think there are crimes which deserve exactly that. My issue with death penalty is how easy it is to misuse. So in a theoretical world where some perfect entity with no ability to make mistakes decides who gets it, I'm 100% in favour. In the real world, not so much.
As long as we have the option to separate and isolate, nobody deserves to be killed. The death penalty is nothing more than formalised murder, however one chooses to look at it.
Atonement and facing the consequences of one's actions during a long life in prison is a fate worse than death IMO. Even for a sociopath.
And it is false that the death penalty is cheaper than life sentences: https://sites.psu.edu/bleonard/2020/11/30/the-death-penalty-v-life-in-prison/
But above it all, while there are persons unjustly sentenced to death and found later Innocent, can we really keep doing this?
That's a very American context where prisons are for-profit companies (wtf USA?), that's why everything is so expensive. In a normal country death sentence wouldn't cost nearly as much.
The prisons that hold death row inmates are not private, for-profit companies. The numbers have been falling steadily and are incredibly low. Still a problem, because that number is high enough to have stupid amounts of influence, but it has nothing to do with death penalty costs. Those are all because we afford death row inmates a large amount of appeals, which costs 'lawyer money' where some prosecuting lawyer pretends he wasn't on a salary and they claim it's worth X hours x Y wage, and the defense attorney does the same but with a little more truth because he is getting paid by the hour.
I dont like death penalty for the people who would deserve it because it lets them off too easy. Why should they be allowed to leave this hell in easy way while we have to remain.