I totally agree with meowface that bigger problem with people shilling Bitcoin and ICOs and NFTs and other shams is that they're obviously snake oil salesmen pushing get-rich-quick pyramid schemes.
But when trying to deprogram cryptocurrency cult members, it's easier to focus of the more tangible irrefutable problems like the environmental and heath impacts, and ask them to justify why they don't give a shit about the environment and the health problems of burning coal.
Because simply explaining to them that they've been duped by scammers is a lot harder sell -- they've bought into the cult and are shilling it themselves, so they don't want to admit it.
The same way it's harder convince a Trump supporter that he's a con-man, and easier to get them to admit that they don't think injecting bleach and inserting an ultraviolet flashlight up their rectum is a good way of curing Covid-19.
If course there will always be a round of them parroting stock excuses like "Some day <insert name of scam here> will be environmentally friendly!!!" or "Only 79% of the energy is produced by burning coal!!!" or "Wasting as much non-renewable energy as possible will hasten the adoption of renewable power!!!" or "Proof of Stake!!!".
But those are all bullshit excuses that are easier to shoot down than convincing somebody they're not a member of a cult and they're not going to get rich quick if only they shill the cult's products a little harder.
(Because they're circular arguments, analogous to Trump's ongoing excuse that he was going to publish his wonderful health care plan any day now -- you just wait, and "Proof of Stake" is just Oligarchy on Steroids that certainly isn't going to help any starving artists, and any useful financial services end up being as centralized as Visa and PayPal anyway, but much less trustworthy and run by incompetent unregulated criminal scammers just like MtGox, with exactly the same exit strategy as Confido if they're not shut down by the Feds first).
> I totally agree with meowface that bigger problem with people shilling Bitcoin and ICOs and NFTs and other shams is that they're obviously snake oil salesmen pushing get-rich-quick pyramid schemes.
Oh, yeah, they are definitely a ponzi scheme, MLM or, at best, Beanie Babies. At some point this will all come crashing down, either by regulation or lack of new patsies.
It's like the dotcom boom all over again; where co-workers, friends and family are all buying these crazy stocks at insane valuations.
I was just curious why the meowface was focusing on the "whataboutism" of Bitcoin vs. ETH.
I was (first and primarily) focusing on the environmental impact for the reasons I explained above, but then (secondly) asking the NFT shills to explain exactly how NFTs solved any problems that couldn't be much more efficiently and less destructively solved, because I know they can't and won't answer. Their silence on the matter speaks volumes about their lack of integrity and competence.
Some people simply don't have working bullshit detectors, and those are the ones who need to be influenced emotionally instead of logically, because that's how they were influenced by scammers in the first place, and no amount of logic will change their minds.
When I wrote that, I hadn't even seen the ridiculously cringy part about "Your super-fans can collect NFTs of your published content" and the link to https://papyrusnft.io/ yet, but all I can say is "just wow".
You've REALLY got to be gullible to fall for that kind of unmitigated bullshit, but unfortunately a whole lot of people are. I mean, the background color and stock artwork and ad copy on papyrusnft.io is just mind-bogglingly tacky and ridiculous, but maybe it serves the same function as the frequent and obvious mis-spellings in Nigerian Prince scam emails.
But when trying to deprogram cryptocurrency cult members, it's easier to focus of the more tangible irrefutable problems like the environmental and heath impacts, and ask them to justify why they don't give a shit about the environment and the health problems of burning coal.
Because simply explaining to them that they've been duped by scammers is a lot harder sell -- they've bought into the cult and are shilling it themselves, so they don't want to admit it.
The same way it's harder convince a Trump supporter that he's a con-man, and easier to get them to admit that they don't think injecting bleach and inserting an ultraviolet flashlight up their rectum is a good way of curing Covid-19.
If course there will always be a round of them parroting stock excuses like "Some day <insert name of scam here> will be environmentally friendly!!!" or "Only 79% of the energy is produced by burning coal!!!" or "Wasting as much non-renewable energy as possible will hasten the adoption of renewable power!!!" or "Proof of Stake!!!".
But those are all bullshit excuses that are easier to shoot down than convincing somebody they're not a member of a cult and they're not going to get rich quick if only they shill the cult's products a little harder.
(Because they're circular arguments, analogous to Trump's ongoing excuse that he was going to publish his wonderful health care plan any day now -- you just wait, and "Proof of Stake" is just Oligarchy on Steroids that certainly isn't going to help any starving artists, and any useful financial services end up being as centralized as Visa and PayPal anyway, but much less trustworthy and run by incompetent unregulated criminal scammers just like MtGox, with exactly the same exit strategy as Confido if they're not shut down by the Feds first).
https://www.mtgox.com/
https://www.cnbc.com/2017/11/21/confido-ico-exit-scam-founde...