BigZaddyZ3 t1_j8pow0l wrote on February 16, 2023 at 1:30 AM

Reply to comment by Redararis in Bing: “I will not harm you unless you harm me first” by strokeright

That literally is what the majority of cryptocurrencies are tho… (if not literally every single one). Not the best counter argument tbh.

Redararis t1_j8qyzmk wrote on February 16, 2023 at 9:08 AM

I spoke about cryptocurrencies as the opposite of electricity to show that the argument “AI is only hype because they are using it as a marketing ploy to make money” is not valid. They used electricity as a gimmick also before it showed its usefulness. The same thing happened with cryptocurrencies but it remains hype. Reddit’s language comprehension is not so good today. They need the help of an AI of a natural language model.

whorunit t1_j8q3iw5 wrote on February 16, 2023 at 3:22 AM

Crypto has many scams but it’s also one of the most important inventions in recent memory. The idea that there is a form of money NOT issued and abused by the government is revolutionary. It is necessary to keep the government in check. Money is how the government keeps the population docile, funds wars and enrich themselves

xal1124 t1_j8qmq78 wrote on February 16, 2023 at 6:25 AM

How has it kept the government in check so far

Or is finding child abuse and drug cartels a version of keeping the government in check?

whorunit t1_j8qn9ol wrote on February 16, 2023 at 6:32 AM

You don’t think USD funds drug cartels and child abuse and wars ? 😂 Every single crypto transaction is recorded on a PUBLIC ledger that the entire world can see. Everything is auditable. You cannot say the same for the US Dollar. Criminals that use BTC are morons, the problem is the government isn’t competent enough yet to understand how to read the public ledger.

xal1124 t1_j8qnl43 wrote on February 16, 2023 at 6:35 AM

And this has kept the government in check?

whorunit t1_j8qnumr wrote on February 16, 2023 at 6:39 AM

Yes .. look at Venezuela, Columbia, Africa - people hold their money in crypto because the government debases the currency to $0. The same thing will eventually happen to the USD - if the government isn’t careful, it will lose its reserve status and people have many other options now. Read “the ascent of money” - government currencies rarely last more than a few decades, they ALL eventually go to $0 leaving citizens poor.