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.
18 replies
48 recasts
236 reactions

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.
0 reply
0 recast
1 reaction