Murtaza Hussain pfp
Murtaza Hussain
@mazmhussain
This is an issue that I’ve grappled with for years and have written about (https://mazmhussain.substack.com/p/what-bitcoin-and-crypto-are-for). I’ve tried convincing more left-leaning people about the possibility of crypto but come up against much opposition. This opposition has been built on a belief that crypto is simply a scam that utilizes effective storytelling to inflate hyper-speculative assets. After years, I’ve stopped trying to convince people. This is because I’ve come closer to their perspective and developed a more negative view of the crypto world. This is not about the technology, which is neutral and can still have uses, but about the broader “crypto industry” which really is overrun with scamming and abhorrent behavior. I wrote about my evolving views here after years of observing this industry (https://paragraph.xyz/@unmediatedthoughts/casino-killed-the-computer-star?referrer=0x2503b70933119084c26df4c8d3e96d282de10743). I still have some hope which is why I keep an open mind.
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Midnight Marauder 🐲💨 pfp
Midnight Marauder 🐲💨
@midnightmarauder.eth
I’m more than left leaning and know of many with similar politics in the industry. Just countering that trope that it’s all right wing crypto libertarians out here. Fwiw, @betashop.eth from Moxie worked in the Clinton White House. I also agree with the enormous amount of scams, rugs and incredibly flawed projects and products in the space. I’m old enough to see the dot com bust of the late 90’s and in many ways it’s similar. Vaporware and companies propped up with VC capital that had no viable business. When you have billions let alone trillions in any space the scammers will flock to it like a moth to flame.
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