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.
10 replies
22 recasts
28 reactions
ns
@nickysap
Great article, Murtaza. I think it’s a fair assessment honestly. There are many days I feel as if I’ve been inadvertently caught up in a religious cult and perhaps became a bit brainwashed along the way. I still believe in the promise of this technology but only those who know me well know I work in the industry. I’ve stopped evangelizing for fear of social retribution, embarrassment, etc. Still, I’d wager that most here on Farcaster share this sentiment and are aiming to build something meaningful to revive the Computer (or bring it to life in the first place).
0 reply
1 recast
1 reaction