Introducing the cockroach theory of crypto

cross-posted from: https://discuss.tchncs.de/post/8010617

Lol, hilarious article. They still hate bitcoin but can’t deny its use any more.

Many feel instinctive revulsion when they spy a roach. But in spite of their flaws, the bugs have uses—they turn decaying matter into nutrients and eat other pests, such as mosquitoes. Crypto has its uses, too, such as portfolio diversification and keeping money safe under despotic regimes. And, as has been shown, it is just about impossible to kill.

  • 𝕽𝖚𝖆𝖎𝖉𝖍𝖗𝖎𝖌𝖍
    31·
    11 months ago

    My mother in law has never been a particulerly good font of wisdom, but early in my marriage when we were visiting estate sales and antique stores for furniture, I called and asked her advice about a table. When I asked her whether she thought it was worth the price, she said, “it’s worth whatever someone is willing to pay for it.” It’s probably the most true thing I’ve ever heard, in the context of capitalism.

    A huge military and large nuclear stockpile hasn’t sustained the Russian economy, or prevented it’s steady collapse.