RE: Things Cryptocurrency Enthusiasts Are Telling You, but You're Probably Ignoring by h0bby1

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· @h0bby1 · (edited)
$0.60
Because i see the pattern as focus shift to easy money making scheme, rather than to genuine buisness, and all the many abuse and scam which make btc propaganda not mentioning this, decreasing creativity in general replaced by sale pitch without much in depth tech analysis, without true dedication to good interest, lack of rigor and used to easy cash, all this remind of other community and motion before it started to get ugly lol

Maybe there are still good surprise to come and it can find a second breath , and fixing all the issues or being honnest about them, instead of calling fud each time a pb is pointed, or sending back to conspiracy as cheap anti system counter argument instead of seeing things as they are, which is btc hold more scam, ponzi and laundry and shady agenda than genuine income making buisness, cause you wont say me honnestly there are billions of declared income with tax paid behind the "market cap".

Making it a pure store of value ok, but that will put it as a security or so, with following regulation, and tracability that is required by it, and then need to stop the moto with decentralization, and should rename it something else  than currency lol

And even as store of value its not backed by anything, and cover many shady buisness that could easily fireback at it.

Its not giving me currently the impression of being focus on self improvment, customer care, and oriented toward becoming mainstream with good quality software, transparent functioning and all this, more quickly made things enough for bare minimum to run exchange and basics centralized app, with many security issues, regular hacks, prone to bad manulation or pb, and zero safety net.
👍  , ,
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vote details (3)
@lukestokes ·
<a href="https://steemit.com/discussion/@lukestokes/do-cryptocurrency-speculators-fear-utility">I see that same pattern</a>. Thanks for replying.
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@h0bby1 · (edited)
It remind me the pattern i saw with free parties and cracking scene :)

A long as it remain underground in small circle making some few money here and there it can stay undetr the radar of prosecution.

When it starts to get big, with big organized thing, making tons of cash, and going pseudo mainstream on shaky fundation, they start to crack down and it can come very fast lol

I still remember the operation fastlink ( https://en.m.wikipedia.org/wiki/Operation_Fastlink ) and wen they do big crack down like this when things becoming too wide spread, it can happen very fast once al the section & judges are on the same line.

Always the same story :D

https://youtu.be/vpGPUldOu0I 

banditos - vamos con electromad :D

Fbi & co are already probably tracking & infiltrating and building case, and the day the law is falling, and judges have the good procedures bye folks :)

Just saying lol nobody can tell for sure how thats going to end, but need not to take authority for fool too much either, and its probably going to be cleared up at some point, and we'll see what and who remain when all the gray area become under the spot and all the crack down start to get in.

Usually what remain is only big player who operate under big legal buisness, and we ll see how many people are still in without the easy cash and empty promise and scams of all kinds, to do the real tedious work of organisation and clean things.
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@lukestokes ·
We'll see. Unlike many other examples, peer to peer systems are notoriously difficult to stop. Napster got us Itunes, Amazon Music, Pandora, etc. We no longer have to pay for a full CD just for the song we want.
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