Web 3 is going just great
Molly White! She’s on Mastodon here: https://hachyderm.io/@molly0xfff
“targets crypto wallet add-ons” – OK so is regular sane folk are not at risk.
Oh no, it’s gonna steal all my crypto. the crypto i totally own. my crypto. you know, the crypto i use so frequently that i need an extension in my browser to manage it. that crypto.
I bought $15 of DOGE in 2013 and then the hard drive I had it on died. I didn’t ask for the drive back after getting it replaced. I sometimes wonder at what point I would’ve paid to have the data recovered so I could sell. I’m kinda glad I don’t have the option. Seems like such a silly waste of resources.
Can’t say I feel bad for people hit by this. Crypto is a scam and a waste of resources.
I don’t think all of crypto is always a scam. It can be useful in some instances, e.g. sometimes it’s the cheapest way to do cross-border money transfers (apart from just traveling with cash). It’s also the most private of the available digital payment schemes. But yeah unfortunately most of its use (which is as an “investment”, rather than just a money transfer utility) is a scam and a pyramid scheme. BTC shouldn’t cost $100k (or whatever it’s up to now).
feed go up when it increases in price so it’s not even a good thing for it to have high value
Yeah, but also the price of a coin is a reflection of how much people “want” it, which increases liquidity, making it easier/cheaper to finalize your transfers. It’s a tradeoff as usual. E.g. with Bitcoin, you can find people willing to exchange cash for BTC and BTC for cash at exactly market rates, making your losses for a transfer equal the transaction fee. I don’t think I could do that with some random memecoin.
I feel sorry for the victims who’re taken in by the grift. We know it’s a pyramid scheme, but not everybody does.
“♫ Crypto ♫ through the tulips ♫ come drink up ♫ crypto juleps … with meeee”
