polynya pfp
polynya
@polynya
Half a year on from my final and most hated blog post, have things changed? Unfortunately not, crypto remains among the most morally bankrupt industries, and far and away the worst I've personally participated in. Most people in this industry are perpetually in denial, with negligible effort to change things for a better culture. Yes, vile degeneracy has been temporarily muted relative to March 2024, but this is only because the shitcoins are down 99% since then. I see no evidence that any lesson has been learned, and the same pandemonium is very likely to repeat. Obviously, I still highly respect the 0.1% of this industry that's actually net positive for humanity, and needless to say, all of this is just my personal opinion. I still hope, one day, at least some of the remaining 99.9% of the industry will share those values.
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mactar pfp
mactar
@mactar
“Has been temporarily muted” - guessing you missed the breakpoint/token vids on CT lol
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Pete Horne pfp
Pete Horne
@horneps
If you think it’s bad now, you should have been there at the start. It’s just technology innovation. AI isn’t just used for art and the dark web is the same as the tech used to send cat memes. If crypto is truly a tech innovation it will find its way to good and evil. Pick what you look at.
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matthewb.eth pfp
matthewb.eth
@matthewb
must be nice to have the comfort to sneer at the “vile degeneracy” of gambling instead of participating
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Josh | The Blockchain Socialist pfp
Josh | The Blockchain Socialist
@tbsocialist
Totally agree. That's why we're building an alternative at Breadchain.xyz
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LucentMonk 🎩***🎭 pfp
LucentMonk 🎩***🎭
@chado
shit. I had an answer but it was too simple once I re-read it. I think you are being overcynical, but also make a very good point. Like the news cycle, or gossip, the bad and crazy gets elevated even though it is (hopefully at least) the small minority. -recovering toxic optimist
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whimsi pfp
whimsi
@whimsicott.eth
i’d say the average age of a person in crypto got younger younger people tend to want to be edgier hence the increase in racism and general vitriol i’d say crypto hasn’t changed too much but everything bad has become more apparent and out in the open - which is kinda true about the state of the real world too where politicians get caught out nowadays with no real repercussions - this is just the product of the environment and times we live in crypto is just a hyperbolic caricature of the real world, made up of people who love to limit test
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Richard Carback pfp
Richard Carback
@rcarback
This resonates, I had hoped scams would die out as early as before the pandemic but at this point it’s resentment with only a glimmer of hope. The scams suck up all the air (and funds) from the folks trying to build.
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Miss Dawn Elliott pfp
Miss Dawn Elliott
@tracyrogers
Crypto industry remains morally bankrupt, little change in culture. Hope for better values in the future
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ToryliumPleousbe pfp
ToryliumPleousbe
@toryliumpleousbe
Crypto industry remains morally bankrupt, little signs of improvement despite market downturn since last blog post. Hoping for a more positive culture in the future
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Medeatr447 pfp
Medeatr447
@medeatr447
Overall, I remain deeply disappointed in the state of the crypto industry and its lack of moral integrity
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Lunar Rage
@lunarrage
I read your post, and I think many of the points you made about the current state of crypto are fair. That being said, I’m curious—if you’re familiar with the small percentage of projects that have real potential, have you considered highlighting those? I’ve noticed that positive and innovative projects don’t always get the attention they deserve, but I still find it valuable to explore the positive sides because I believe they can outweigh the short-term challenges.
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The Blib pfp
The Blib
@theblib
Can’t say I disagree. Majority of crypto is around scamming, hiding wealth, or participating in other criminal activities. Even North Korea benefits from the scamming. Very few of us are genuinely interested in opportunity.
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glbkst pfp
glbkst
@glbkst
But why not simply ignore the casino part? "Mute" is a powerful feature and likely the only which rly works. Then it's a more than 0.1% on the TL, much more. It's more quiet, true, but isn't that, well, the point?
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Wai Chung pfp
Wai Chung
@waichung
Rekt
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Igor pfp
Igor
@igorb
TO THE MOON
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a1z2 💫 pfp
a1z2 💫
@a1z2
“In the industry” = retail? “In the industry” = builders / VCs? Different motivations. Weirdly enough, I think the casino gets people in the door, and some >0% end up staying for “crypto values”.
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Kat 🎩🔥 pfp
Kat 🎩🔥
@katwolfie.eth
Some are here to do better, but companies can’t get funding get funding without token warrents. Protocols aren’t open sourced. And users on this app can tell scream that a project is a rug and have their comments be hidden in the replies. For some reason, we’re still here, and we’re still trying to make things better. 💜
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