Chronotope’s avatarChronotope’s Twitter Archive—№ 92,114

      1. Man I love cryptocurrency so much. It's like the ultimate example of how SV is just an ironic fairytale curse on humanity.
    1. …in reply to @Chronotope
      In the wake of the Great Recession techbros look at the instability and unreliability of modern banking and say: we will fix this by using Better Tech and Less Regulations and they end up creating an even more unstable situation with even less reliability.
  1. …in reply to @Chronotope
    And *bonus* now banking actually literally melts the icecaps in a direct 1<>1 way. Cryptocurrency is the perfect example of how startupland is a real life monkey's paw powered by hubris and egotism. Blockchain isn't even a bad tech, it's just the assholes trying to Disrupt banks.
    1. …in reply to @Chronotope
      If history remembers crypto currency at all, it will be as a financial object that increased instability & economic inequality, that required regulation which wasn't put into place until it was too late. They just re-invented the worst parts of the banking system But w/More Tech


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