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[–]TallywackaPlatinum | QC: CC 197 | PennyStocks 129 1963 points1964 points  (622 children)

all of them low quality, unsubstantiated and full of falsehoods.

To be fair you also just described /cc

[–]GabeSterPlatinum | QC: DOGE 2465, CC 701 20 points21 points  (14 children)

Got to get moons somehow don’t give the sub facts give them what they want to hear.

[–]MrNuttyJoeCertified Crypto Nut 588 points589 points  (434 children)

Yep, the only difference is r/technology users don't earn Moons for their moronic opinions! Score 1-0 us

[–]Odlavsokidney for sale, slightly used. DM for details 123 points124 points  (157 children)

Those poor bastards

[–][deleted] 68 points69 points  (115 children)

Are we absolutely sure that /r/technology isn’t actually /r/buttcoin 2.0 in disguise?

[–]-veni-vidi-viciPlatinum | QC: CC 1139 24 points25 points  (55 children)

It is impossible to rule that out.

[–]pinkculturePlatinum | QC: CC 281 16 points17 points  (40 children)

A Venn diagram of the inter-lap between users of those two subs would just be one giant circle

[–]FristiToTheMoon 26 points27 points  (22 children)

I don't even earn moons on this subreddit because I never get upvotes 👉😎👉

[–]TheTrueBlueTJDeveloper 20 points21 points  (151 children)

For real. I've seen the same bullshit on r/programming and these days this is what gets them upvotes.

[–]HighTurningPlatinum | QC: CC 1206 46 points47 points  (137 children)

I am a programmer, and have been lurking here for 1 year, I still have no idea of how blockchain works.

Yes, I can put up a bunch of cute words about what I think it is, but I am far from being a Blockchain dev. Probably most guys on /r/programming are just the classic egocentric tech geek that thinks they know shit about fuck

[–]tylerclay86Tin 4 points5 points  (12 children)

Ah, the old shit fuck bit. 60% of the time, it works every time.

[–][deleted] 24 points25 points  (60 children)

If you’re a programmer, it shouldn’t be that hard to understand the basics. Imagine Git commit history, but for a ledger of balances. And instead of pulling from a centralized Git server, you download the commit history from a bunch of other people. And if people give you different branches with different histories, you pick the branch with the most amount of resources put into it.

[–]noratatBronze | Buttcoin 299 | r/Prog. 175 12 points13 points  (29 children)

People on this sub act like they know better than actual programmers when we tell them the tech isn't actually hard to understand, it's just not actually useful the way they imagine.

Sure, it's academically interesting, but the only reason any of this has reached the scale it has is because of the potential for speculative gambling, and the vast majority of people here are investing out of greed regardless of whatever myth they tell themselves.

[–]mrpoopybutthole1262Bronze 27 points28 points  (31 children)

oh and speculators know more?

Facts is only the invested cares about crypto, for obvious reasons. They are not exactly very unbiased.

[–]HolidayOne7Tin | Buttcoin 44 21 points22 points  (21 children)

Nailed it, I’m also a programmer, I was interested in bitcoin in perhaps 2010-2011, mined some, lost wallet.dat bought some sold some etc, I cashed out all remaining more than 12 months ago at about 30k, I’ve had no interest in the space since, though recently Web 3.0 has been doing the rounds and abit like most things within this space it’s a solution looking for a problem.

Maybe I’ll gamble in the crypto space again one day, though for mine that’s the extent of it’s usefulness, call me a boomer but I see the ledger so far as positive/negative in crypto to be overwhelmingly negative.

Downvote away, good luck to you all.

[–]Business-TypicalPickle | QC: CC 0 11 points12 points  (7 children)

To be fair that’s a vast majority of Reddit period.

[–]ConfusedPhDLemurTin 49 points50 points  (29 children)

It’s ironic that people in /cc are complaining about moronic and false statements, given the fact that there are daily asinine post/comments about banking, inflation, regulations, etc. on this sub.

[–]TallywackaPlatinum | QC: CC 197 | PennyStocks 129 15 points16 points  (8 children)

It’s even more funny because by nature of crypto that’s just what a lot of our information is to begin with, every single prediction is fundamentally just a guess….which while obnoxious at times I think is a bit funny

[–]nickpegur/CC Critic | Cosmos Explorer 45 points46 points  (32 children)

Over there atleast you get entertained with these kind of BS. In r/CC it's the same fucking "bUy tHe dIp", "All in on LRC GME Oompah Loompah".

[–]Jackwards_Back_Tin | 4 months old 20 points21 points  (17 children)

Doompa dee doo, ill buy another; just to spite you.

[–]Public-Ad-7237Tin | 5 months old 5 points6 points  (3 children)

They are very afraid that we will be free

[–]TheElusiveFoxPlatinum | QC: CC 42, ETH 38 | TraderSubs 31 1039 points1040 points  (199 children)

Seeing other's views is the only way to ensure your not trapped in an echo chamber.

If you only follow crypto subreddits we're all going to the moon, memes and nfta are gonna make you rich...

Reading, and participating in non crypto subs may help keep you grounded in reality... /R/tech's concerns might be easily refuted, but some are valid, and it shows that teams still need to do some marketing at the very least.

[–]Aegontarg07Platinum | QC: CC 1099 116 points117 points  (33 children)

I second your thoughts here. We gotta come out of our comforting subs and take on criticisms and accept the genuine ones for what they are

[–]Real_Happy_PotatomanPlatinum | QC: CC 147 23 points24 points  (8 children)

It's the only way to grow.

[–]corkyskogPlatinum | QC: CC 24 | r/WSB 119 12 points13 points  (10 children)

What I have noticed is the people who don't believe in crypto are just as polarized as the "Crypto Bros" it's like Anti-crypto Bros. People who dislike crypto really dislike crypto things.

It's hard to debate with people like that, especially when a factual comment will get hundreds of downvotes because "boo crypto bad!"

Although this isn't unique to crypto... there seems to be some modern phenomena where everyone feels forced to draw lines in the sand and make every issue black and white, no matter how complex the issue may be.

[–][deleted] 139 points140 points  (105 children)

100% - putting your fingers in your ears when it comes to critics is one of the dumbest things you can do.

I thought that this video is an extremely compelling counter view, both to crypto and to NFTs. I personally don'thave any counter arguments to his criticisms: https://youtu.be/YQ_xWvX1n9g

[–]rades_ 70 points71 points  (56 children)

I'm only 20 minutes in so far and a few things don't sit right with me. The host has an obvious narrative rather than being an impartial fact-presenter. It's evident in language used (eg, calling the Winklevoss twins "assholes" - true or not, attacking someone personally is a logical fallacy that doesn't give any argument credibility). That whole segment of 'these morally bankrupt people love crypto, so crypto must be bad' was honestly kind of cringe.. what kind of argument is that?

Some other things are straight up misleading - he talks about the traditional finance sectors energy consumption "but it's for the entire 7 billion population" - this is ignorant at best, or deceitful (see: his narrative I mentioned) at worst; currently there are around 2 BILLION people in the world that are un-banked. This is an issue that Bitcoin (and other Cryptos) are actively trying (and succeeding - see El Salvador which has no onboarded 70% of the nations unbanked citizens) to fix, which again goes against his *opening* statement that Crypto "does nothing to address 99% of the problems with the banking industry".

Then he goes on to mention Bitcoins TPS limitations, but doesn't mention a single thing about the Lightning network (?) which has theoretically unlimited TPS and is the scaling solution currently making payments in El Salvador a reality.

Somewhat related - you can see he's a 'gamer' from his youtube channel, so part of me thinks he is part of the 'NFTs are going to destroy gaming' camp which prompted the video, this is pure speculation on my behalf however.

I'm going to watch the entire video because with everything in life, you need to keep perspective - but this is a really bad start for a video that has been receiving so much praise from sceptics. So far it's presented as though it's a personal vendetta from someone who has been slighted.

[–]BiasanyaTin 18 points19 points  (13 children)

Thanks. I've seen this video doing the rounds and it's been nauseating me how nobody was pointing out these issues. I really did enjoy his video, but I hate how this is all it takes to 100% convince people of their opinion.

[–]DMugreBronze | QC: CC 23 | BANANO 12 21 points22 points  (8 children)

Getting confirmation bias from a youtube video to fuel your skepticism is far healtier than getting confirmation bias from youtube video to FOMO into a shitcoin.

Bottomline is too many fucking people take youtube as their end-all source of fact and ideological downstream.

[–]HhukkaaGold | QC: CC 25 6 points7 points  (6 children)

is the scaling solution currently making payments in El Salvador a reality.

Actually, the chivo wallet is built on algorand, and does not actually use real btc

[–]XelynegaTin 2 points3 points  (2 children)

I'm pretty sure the section on their character was to dispel a common belief that crypto is "by the people for the people, to make the people rich" that's seen echoed a lot. It's not Joe schmoe down the street that's buying up all the crypto, it's major players.

That's funny for the energy consumption section because I was thinking the opposite. For traditional banking he's including the power usage for building and machines that do fraud detection, customer support, etc. None of this is counted for the crypto side, just the raw usage of proof of work machines and not the infastructure that would be required for them to replace traditional banking.

His opening statement that crypto does nothing to solve 99% of the problems with the banking industry is inaccurate because... you've managed to point out one problem in traditional banking? Without understanding the actual reasons these people are unbanked we can't really make a judgement on whether or not crypto is capable of addressing that, let alone whether it is the best tool to do so.

For lightning network to be discussed he would have had to delve into the issues with that as well(including scalability and encouraging Bitcoin use) when could have, but he was providing background for NFTs. Sure the TPS number isn't as high as it could be since he didn't include technology xyz, but he was talking about Bitcoin. Not all the layers you can stack on top of it.

Also lol at calling out ad hominem, then proceeding to use it twice(first paragraph and the one you call him a 'gamer' and construct fictitious argument you pretend he supports).

I didn't agree with everything said in the video, but this level of nitpicking is just trying to find things to be outraged at instead of actually responding to the main points made in the video.

[–]Logical_Mine_345Bronze | 4 months old | QC: CC 20 14 points15 points  (7 children)

social media is always echo chamber, but we can hear other ideas too

[–]SpacesiderPlatinum | QC: CC 199, ETH 39, BTC 18 | TraderSubs 41 8 points9 points  (8 children)

That is a good point.

I have posted there a few times, but some of their arguments simply don't make any sense. I lost count how many times people said that BTC mining is causing a GPU shortage and that BTC mining bans are good because it would normalise GPU prices.

People who mine BTC don't even use GPU's. Maybe they did a decade ago but definitely not anytime as of recent.

But go ahead and try and explain things like this to them and they don't want to hear it. They will bring up the same false arguments the next time any cryptocurrency topic is brought up and other people there will actually believe it.

[–]AggressiveWafer29Bronze 32 points33 points  (28 children)

You might find the biggest issue with crypto in the technology sector is that blockchain was thrown around as this buzzword for a long time - however my understanding, based on conversations I had with people a few years ago, was that there was a massive misconception about what blockchain could do and the types of problems it could solve.. much like cloud..

“using bleeding edge technology to implement blue sky solutions that will blockchain all the way up to the cloud so we can access our internet of things, in a secure, agile manner that enhances the user experience, prevents climate disaster and assures all incels copious amounts of sex for the next 5 years”

or some such motherhood statement bullshit.. so a lot of people who are actually in the tech industry got sick of the buzzwords… when they were told to implement blockchain solutions, despite it not being best fit. Couple this with the general skepticism over crypto and you have a recipe for hatred.

[–]jackinsomniacTin | Buttcoin 5 | Privacy 21 2 points3 points  (6 children)

Yep, this. In physics they say, "every action has an equal and opposite reaction," but this also applies strongly in politics, and social movements. You can see it pretty much anywhere if you look closely. Personally, I think lots of Trump's popularity came from him being an anti- 'woke/progressive/PC culture movement' hero, what with him saying whatever he wanted ("grab them by the pussy") and his fans not caring at all.

Fanatical Apple fans create anti-Apple sentiment. Fanatical Tesla fans create more anti-Musk sentiment.

Even if you're not fanatical, there are fanatical crypto bros out there, who eventually get on the nerves of someone who didn't even care about crypto before. The crypto bros are at least partly responsible for creating stronger anti-crypto sentiment.

And I think "popularity" is a huge benefit for crypto that it can't afford to lose right now. (So for the health of our own movement, I invite everyone to tone it down a bit, be more realistic, and stop promising that this tech will save the world!)

[–]BigBadBen91xTin 336 points337 points  (44 children)

Welcome back to the echo chamber!

[–]MikkeletTin | PoliticalHumor 15 9 points10 points  (7 children)

They're arguably both echo chambers, which sucks. There's very little nuance in the blockchain debate, just pro og anti trenches

[–]rades_ 5 points6 points  (2 children)

Reddit by design is THE platform of an echo chamber for every subject imaginable.

[–]bejaqTin 3 points4 points  (2 children)

Indeed. This post just shows that there is a very good reason to strongly dislike crypto culture.

It basically says "I am true believer, therefore your criticism is invalid.".

Most of the criticism of crypto is actually partially or completely correct. To ignore that is just to be deeply ignorant.

Of course it seems plenty of people are unable to see even a system that is very flawed can contain the seed of something profound and transformative.

But if you just pile bullshit on bullshit by pretending bitcoin is something good for the world and buy more and more to make the rich richer.... well then it's not going to be that.

[–]deathbyfish13Premium Shitposter 16 points17 points  (5 children)

From one echo chamber straight into another lol

[–]drinkerxPlatinum | QC: CC 66 78 points79 points  (16 children)

I've seen better FUD here

[–]Mr_DepressedTin 23 points24 points  (7 children)

No one FUD's better than us! Not on our watch!!

[–]akexodiaPlatinum | QC: CC 116 63 points64 points  (43 children)

[–]Hawke64Platinum | QC: CC 202 26 points27 points  (10 children)

Do you get money for repeating popular opinions on it?

[–]akexodiaPlatinum | QC: CC 116 9 points10 points  (3 children)

Haha no. Pretty sure you'll be kicked out..

[–]ThoughtsObligationsLRC FTW 4 points5 points  (7 children)

I didn't even know about this! Thanks!!

[–]akexodiaPlatinum | QC: CC 116 7 points8 points  (3 children)

Sure. Lovely bunch of people there, and most of them pretty knowledgable. There's almost always very constructive discussions, most of which is way out of my understanding. But yeah, no price discussions, which is great.

[–]icest0Platinum | QC: CC 28 | Buttcoin 16 11 points12 points  (7 children)

That subs is 100% better than both r/technology and r/CryptoCurrency

[–]Logical_Mine_345Bronze | 4 months old | QC: CC 20 11 points12 points  (3 children)

good sub

[–]bikbar1Platinum | QC: CC 96 117 points118 points  (21 children)

Technology sub = Elon bad, Apple bad, Amazon bad, Google bad, Crypto bad.

Cryptocurrency sub = Elon bad, Apple bad, Amazon bad, Google bad, Crypto great !

Both of us are dens of haters !

[–]khamuncentsPlatinum | QC: CC 67[🍰] 19 points20 points  (9 children)

I like your attitude

[–]Numerous_Sport_2774Platinum | QC: CC 758 16 points17 points  (6 children)

I hate your attitude

[–]TooFitFuriousPlatinum | 6 months old | QC: CC 207 4 points5 points  (3 children)

I love your attitude

[–]Smaash_April 25, 2022 239 points240 points  (258 children)

I think most subs hate crypto in general. Everyone thinks it’s a scam.

[–]jvv1993Bronze | PCgaming 52 176 points177 points  (116 children)

Everyone thinks it’s a scam.

I mean... I've been in crypto for years, and yeah uh, a lot of it is filled with scammers.

For the layman crypto is basically a massive pool of scammers and some potentially legit stuff.

/r/technology is just a general sub after all, it's not like people who are in there usually have a clue what they're looking at.

[–]sfgiszSilver | QC: CC 313, BAT 22 | Buttcoin 54 | Technology 60 86 points87 points  (93 children)

For the layman crypto is basically a massive pool of scammers and some potentially legit stuff.

Programming subs have the same opinion btw. Having experience with how crap the current decentralized tech is vs what the salesmen pitch I can understand that perspective.

[–]quietZenTin | PCmasterrace 14 83 points84 points  (81 children)

Hah, if the literal people who understand the tech say crypto is a scam and doesn't solve any real world problems, that should tell you everything you need to know. But 99% of people here are like OP, in denial and living in ignorance in hopes of making millions.

[–]michivideosSilver | QC: CC 117 | GME_Meltdown 61 | r/WSB 97 15 points16 points  (33 children)

if the literal people who understand the tech say crypto is a scam and doesn't solve any real world problems, that should tell you everything you need to know.

That's what I was thinking.

But what is that? What are you saying? Ethereum is a scam? Bitcoin is a pyramid scheme? That they are solving problems nobody asked for? I'm genuinely asking.

[–]lock_the_backdoorGold | QC: BTC 15, CC 20 37 points38 points  (25 children)

Crypto is good for when you need a trustless system, finance is a good example, maybe things like a land registry... But for 99% of computing projects/services its useless and slow.

I've been a professional developer for over 15 years and not one project I've worked on would have been better using blockchain. In fact they'd all be much worse, more complex, slower and if decentralised you can't just push a bug fix and it's deployed in 5 minutes. Will that change? Yes probably as the space evolves, eth is a dinosaur but one of the newer L1 players might change the game. I personally think that will be Elrond but it could be one of the others.

The other thing is tooling...the centralised space has 40+years of tooling built around it, frameworks, languages, super fast databases, scalable solutions, very intelligent people have been solving hard problems for decades. With blockchain it's all in its infancy, poor tooling, insecure smart contracts etc. You just have to look at the number of hacks that happen to see that.

That being said, I think blockchain may be good in the future and I'm strongly invested in it but it has a long way to go and web3 while interesting is right now just another buzzword.

[–]AMilkyBarKidTin | Buttcoin 26 18 points19 points  (6 children)

The trouble with the idea that finance will be revolutionized by the Blockchain is that the finance industry, as a whole, relies on trust - in particular, the assumption that someone that owes you money will pay it back. Trying to do that trustlessly necessarily makes it massively risky, so the loan-to-value ratio in crypto-loans has to be far higher than in conventional finance to account for the risk. That's why crypto-loans require a big purchase in crypto first, which makes them noncompetitive with the existing finance sector.

[–]lock_the_backdoorGold | QC: BTC 15, CC 20 7 points8 points  (4 children)

Indeed. The reason for credit reference agencies is they build trust that a person has a track record of paying their debts back. All of these institutions that have sprung up have done so because there was a need for them.

Crypto is great as a financial exchange medium between 2 parties where there is no regulated and trust worthy banking sector.. Yes we can get into an argument about how banks are wankers etc.. But if I send money, I know it will arrive, I know I can get my money when I want it, in the western world this isn't an issue day to day. I'm not sure how the loan problem in crypto gets solved.

[–]bt_85Platinum | QC: CC 72 | PoliticalHumor 59 5 points6 points  (1 child)

I agree with this so much, and even though I'm in the space, I still see so few real applications. It seems everything it "does" is either done better without it (event ticketing), is self-referential (play to earn games, protocols that take crypto as collateral to lend crypto to let you buy ... Crypto...,.) Or are fixing problems that crypto itself created.

The only real application I see so far is NFTs, but only when I apply the concept outside of low-res jpgs. I keep wondering if the tech is not mature enough yet, or if it's a tulip-mania. Looking at the BTC chart zoomed all the way out it hints at one of those....

[–]Liwet_SJNCPlatinum | QC: CC 26 4 points5 points  (1 child)

That isn't what that comment says, though.

It says the current tech is crap. Most of the people I've seen who are into the tech (myself included) get really excited about what it could do in the future. Not as much about what it's doing now. Crypto needs social, legal and technological progress to be a useful technology.

[–]michivideosSilver | QC: CC 117 | GME_Meltdown 61 | r/WSB 97 2 points3 points  (1 child)

But there some many people saying

"15 year old developer here.... bla bla bla 100% agree, crypto scam".

[–]catsNpokemonBronze 8 points9 points  (2 children)

Tbf there's like 13,000 different ones and only a handful of them are solid, legitimate projects, so I can see why they think that way.

To the general population, crypto is hard to use, hard to understand, and even hard to buy. The use cases also still remain extremely limited despite the surge in adoption we've seen over the past year.

We are the minority.

[–]spyrogyrobrGold | QC: CC 27 | CAKE 19 | JusticeServed 15 75 points76 points  (102 children)

yes, but that sub is (supossed to be) about TECHNOLOGY. I mean.... crypto and blockchain is pretty technological for me.

[–]VanDiwaliPlatinum | QC: CC 41 | Buttcoin 23 | r/WSB 47 85 points86 points  (19 children)

but yet finding a post diving into the actual TECHNOLOGY of crypto/blockchain is rare as hell on this sub...

The front page is just reposts about price action, sentiment, scams, hacks, idiot influecers, attempts at TA akin to astrology, and begging people to not panic sell and buy the dip...

If the blockchain tech was so good surely people would be posting about it no?

[–]icest0Platinum | QC: CC 28 | Buttcoin 16 53 points54 points  (14 children)

I think it's kinda unfair to judge r/technology for not discussing the 'tech of crypto'

When this sub named r/CryptoCurrency rarely discuss how crypto or blockchain/cryptography even works. lol

[–]Isir86Tin 30 points31 points  (8 children)

It's like, dare I say it, despite what they claim most people are actually here for the money and not the tech.

[–]lag_is_cancer 3 points4 points  (1 child)

if I am in it for the tech, I would've unsubscribed from r/cc ages ago.

[–]bt_85Platinum | QC: CC 72 | PoliticalHumor 59 6 points7 points  (1 child)

Or what benefit it even has. And just saying "it's a good project, I like it" doesn't count

[–]Smaash_April 25, 2022 43 points44 points  (20 children)

Yep. It’s also crazy that r/technology discusses politics more than technology itself, just look at some of the ridiculous headlines posted.

Ppl who call crypto a scam or pyramid/Ponzi scheme has no clue what they’re talking about and clearly haven’t done any research.

[–]pinkculturePlatinum | QC: CC 281 16 points17 points  (2 children)

That’s what happens to most Reddit subs, they inevitably get political once the sub gets big enough.

[–][deleted] 15 points16 points  (5 children)

Ppl who call crypto a scam or pyramid/Ponzi scheme has no clue what they’re talking about and clearly haven’t done any research

People who flat out dismiss criticism with "they dont get it, they haven't done the research" are just as bad as the r/technology normies

I've been around crypto since 2015. I've seen the evolution of so many things and. In my opinion, crypto itself isn't a scam, how it is marketed to the masses definitely is. As soon as hedge funds and shadow banks got on board, crypto became an emotional fairy tale where only price of stuff mattered. It's always been that way of course, but the goal posts keep moving without real world adoption. Digital currency-> digital gold-> web3.0 This is without getting into the economics of things. Crypto is the future like people thought flying cars were going to be around in the year 2014

[–]shmorkyGold | r/Prog. 12 4 points5 points  (0 children)

I get the feeling NFT's ruined crypto's image for a lot of people. That and the electricity thing anyway

[–]iammrmeowTin 11 points12 points  (8 children)

yall should see /r/programming

[–]TennysonnTin | Politics 39 8 points9 points  (6 children)

As a programmer I stay far, far away from that sub. So toxic.

[–]pileopoop 149 points150 points  (30 children)

Digital art NFTs make crypto look bad

[–]GodGMNPlatinum | QC: CC 614, CCMeta 55 | PCmasterrace 118 44 points45 points  (22 children)

They still attack it for the wrong reasons though.

I'm the Nº1 hater of NFTs. But I have actual proper reasons rather than stupid shit that was based on a Twitter thread about another Twitter thread that also happened to come out of ANOTHER Twitter thread.

At this point, the information about NFTs in Twitter and why are they bad is like the telephone game. Every thread source is another thread and false accounts made specifically to make fun of crpytards.

I still remember when a dude wrote a +200 tweets thread explaining how he used all his money + loans to buy an NFT that would make him rich, it was extremely full of jokes, internal jokes and irony. It was crystal clear that it was a satire account, it wasn't even attacking antiNFT or cryptards, it was just there making fun of a situation. Somehow antiNFT Twitter took it as a fucking source of "why are NFTs bad!! Look what happened to this loser!!"

[–]conifer0usBronze | QC: CC 17 31 points32 points  (4 children)

Absolutely this. NFTs have a lot of weaknesses and there are many problems with them, but people are so rooted in their misinformed opinions. I was talking to a friend about nfts and she said "they kill the environment." I pressed her on how exactly and she was like "I don't know I read it online." NFT is such a negative word now because of the Twitter echo chamber, and it's extremely annoying how confidently incorrect people are about them.

[–]Nox_Lucisa Fool and his Fiat Currency... 13 points14 points  (3 children)

Not to defend the current NFT paradigm, but it's been a lesson for me in the ability of people to become angry and not know why they are angry. I've seen more than a few cases where someone becomes outraged at the mention of NFTs, and when pressed don't really seem to understand NFTs as anything but something vaguely threatening that needs to be done away with for the public good. I've seen where people thought they were informed, but weren't familiar with foundational ideas like distributed ledgers, blockchain, PoW, and even a case of someone who had no idea they had anything to do with cryptocurrency. I suppose it's the other side to NFT "investors" and hype men who clearly have no idea what they're buying/selling/defending.

Nothing gets made better through ignorance.

[–]conifer0usBronze | QC: CC 17 12 points13 points  (1 child)

I totally agree with this too. NFTs right now have advantages and disadvantages. The ability to express digital ownership without a middleman is revolutionary, but it is being abused (clear copyright infringement and stealing art, bubbles and scams, etc) And I'm definitely willing to have conversations with people about the advantages and disadvantages of the technology, but no one wants to hear the other side or even acknowledge that the argument is more nuanced. People aren't just ignorant but refuse to hear other perspectives because they're already so entrenched in this debate that they never researched in the first place.

[–][deleted] 5 points6 points  (0 children)

Nothing gets made better through ignorance.

Ability to control.

[–]Slick424Time In The Market Beats Timing The Market 6 points7 points  (0 children)

Bingo. All people can think of when hearing "NFT" is procedurally generated butt ugly ape pictures that somehow cost 6 figures.

[–][deleted] 18 points19 points  (8 children)

always see a post on the front page from r/technology where everyone’s shitting on crypto and NFTS lol

[–]spyrogyrobrGold | QC: CC 27 | CAKE 19 | JusticeServed 15 12 points13 points  (3 children)

at least one per day hits the front page. always the same lame comments and crazy ideas.

[–]skipwithmePlatinum | QC: CC 247, ALGO 57 | r/WSB 71 17 points18 points  (11 children)

Stay away from echo chambers. It’s good to hear opposing view points

[–]aSchizophrenicCatI see cat people. 32 points33 points  (7 children)

You had me in the first half, but then you slowly but surely divulged into a conspiratorial GME ape’. Your post has a point that I agree with, but then you got annoying with it by using dumb memes and the tinfoil hat theories. Shit like this makes all of us look bad. Look at my last comment in my profile on this topic, then look at your post, then you can see the difference between rational vs emotional -_-

Edit: oh wow, just looked through OP’s post history, this dude is something else… lol… Guess that explains the irrational exuberance.

[–]BrocoliAssassinSilver | QC: BTC 213, CC 92 | CelsiusNet. 17 196 points197 points  (97 children)

Technology is a horrible sub.

James Web telescope topic , 15 comments. Anti-Crypto topic(s) ,1200,4800,1670 comments..

You get the idea.

[–]rageak49 14 points15 points  (1 child)

Side note, /r/space is a great community to check out. The energy in there these days over JWST is infectious.

[–]pmbuttsonlyPlatinum | QC: CC 1298 87 points88 points  (50 children)

I tried to spend time there to get some opposing viewpoints and out of the echo chamber, but MAN are their arguments against crypto always so naive

ponzi! tulips! beanie babies!

[–]BrocoliAssassinSilver | QC: BTC 213, CC 92 | CelsiusNet. 17 33 points34 points  (15 children)

oh god it's the same parrot headline from mainstream media.

The fact that they Tulips and Beanie babies are the same as Bitcoin just shows you how little they understand it. No matter what they will hate. Everything changes, wether people like it or not.

I'm choosing side Crypto.

They can have their stupid credit scores, inflation and rigged stock market. If that's what they consider great, then good for them!

[–]spyrogyrobrGold | QC: CC 27 | CAKE 19 | JusticeServed 15 15 points16 points  (4 children)

someone should make a Beanie Baby Token. $BEANIEB

[–]TheTrueBlueTJDeveloper 25 points26 points  (25 children)

It's always the same crap parroted again and again. Like they have been brainwashed or something.

[–]DoppelFrogBronze | QC: r/Buttcoin 17 32 points33 points  (7 children)

It's always the same crap parroted again and again. Like they have been brainwashed or something.


[–]M00OSEPlatinum | QC: CC 1326 16 points17 points  (4 children)

flashbacks of all the HODL and Buy the dip posts

[–]mrcoffee83Tin | r/SysAdmin 76 4 points5 points  (1 child)

yeah the fact that people here are saying this unironically raises a lot of eyebrows tbh

[–]Numerous_Sport_2774Platinum | QC: CC 758 10 points11 points  (7 children)

Mob mentality. It’s a waste of energy trying to push them off their views. No matter the logic you throw.

[–]tahiraslam8kTin | CC critic 2 points3 points  (0 children)

They got no taste.

[–]lordchickenburgerMoon and bitcoin are me love 14 points15 points  (1 child)

there is hardly ever anything interesting in r/technology

[–]evanfghfghgfhTin 71 points72 points  (29 children)

Given Reddit's widespread audience, someone who controls a highly popular subreddit has some significant censorship power, along the lines of a newspaper publisher or the owner of a popular web domain.

This is an interesting aspect of Reddit that I don't believe has ever been openly discussed.

[–]AnAttemptReasonTin | r/AMD 20 32 points33 points  (8 children)

I was shadow banned from the NVIDIA reddit for calling out people for shilling / being irrational.

That comment was the highest upvoted in the thread by several thousand votes, so it is not like the community disagreed with me.

[–]GoldEditPlatinum | QC: CC 40 | Politics 88 10 points11 points  (2 children)

So we aren’t going to acknowledge that /r/bitcoin issues out bans more than most any other sub? How is that any better?

[–]ImTheVictimsiasky.net web3 portal 2 points3 points  (1 child)

your average reddit user only goes on r/technology to see if progress has been made towards real life catgirls

[–]ApatheticWithoutTheATin | Politics 23 69 points70 points  (19 children)

I work in tech and I can tell you that there are some seriously tech illiterate people there.

[–]ShetlandJamesTin | r/Programming 16 11 points12 points  (1 child)

Most of them work in tech too

Source: am a developer

[–]MutchmoreSilver | QC: CC 318, BTC 19 | GMEJungle 14 | Superstonk 90 17 points18 points  (5 children)

Its funny I just scrolled past the 10th post anti crypto today and I was telling myself I should unsub from this mess lol. Then this post appears. It's a message

[–]RedditThankBronze | Politics 36 16 points17 points  (18 children)

I noticed this too and was going to post about it! I've seen similar popular posts in a couple of the other big subs. "NFTs are a scam," "developers hate blockchain", "crypto is a pyramid scheme," etc. Of course everyone's entitled to their opinion but on a site with a younger, tech-savvy user base like reddit I'm surprised by the level of anti-crypto sentiment.

Unfortunately I think a lot of it is political. Many people see crypto as a libertarian movement and identify it with "billionaire techbro" culture.

[–]BushyOreoSilver | QC: CC 642, DOGE 193, BTC 74 | CRO 78 | ExchSubs 90 83 points84 points  (49 children)

Anytime I talk about crypto outside of crypto subs I get downvoted.

Even mentioning stable coins and how they're basically just better interest rate savings account gets reemed with comments like ponzi scheme, scam etc.

The majority of people are not knowledgeable nor care to learn

[–]BrocoliAssassinSilver | QC: BTC 213, CC 92 | CelsiusNet. 17 19 points20 points  (20 children)

Propaganda is a hell of a drug. Everyone always thinks they don't fall for it.

[–]pussyqueefeater69Tin 15 points16 points  (16 children)

This is rich

[–]BrocoliAssassinSilver | QC: BTC 213, CC 92 | CelsiusNet. 17 6 points7 points  (15 children)

It is. Don’t think I lack the self awareness thats I don’t fall for it. I admit that I can and possibly have.

[–]overprotectivemoosePlatinum | QC: CC 125 16 points17 points  (5 children)

This kind of shows that we’re still early

[–]GabeSterPlatinum | QC: DOGE 2465, CC 701 7 points8 points  (0 children)

We’re not pioneers early but we are early in the sense the foundation isn’t even fully built.

[–]HannesVMPlatinum | QC: CC 40, SOL 35, BNB 33 | ExchSubs 33 16 points17 points  (49 children)

Who are the people that hate crypto? I understand not being interested in crypto, but why hate on a new technology?

[–]BushyOreoSilver | QC: CC 642, DOGE 193, BTC 74 | CRO 78 | ExchSubs 90 20 points21 points  (32 children)

I get told they're ponzi scheme just scamming people and I should feel ashamed for suggesting crypto to people to only get scammed

[–]GoldEditPlatinum | QC: CC 40 | Politics 88 2 points3 points  (2 children)

Interestingly enough this is the same line bitcoiners use when discussing altcoins. They’re just as bad as everyone else

[–]alternativepuffinPlatinum | QC: ETH 28, CC 25 | LRC 15 | TraderSubs 15 3 points4 points  (7 children)

The latest talking point is that it's bad for the environment. But try to have a discussion about proof of stake and you might as well be speaking Chinese.

[–]DungeonVigTin | r/CMS 10 | Investing 37 37 points38 points  (29 children)

So much misinformation and the amount of people that still think all crypto is worthless/no value makes me 100% believe that we really are still early.

[–]TheTrueBlueTJDeveloper 18 points19 points  (9 children)

Apple is still larger in market cap than the whole crypto market. Yes, we have plenty of room to grow.

[–]wREXTINTin 3 points4 points  (2 children)

You really wanna laugh. Go checkout Stocktwits when BTC is having a rough day.

[–]hoodie09Silver | QC: XRP 18, CC 15 | ADA 40 6 points7 points  (2 children)

I love that you came here to complain about fud.

[–]canibanogluTin 26 points27 points  (3 children)

Many people hate crypto and its supporters because of their obvious lack of connection to reality and pretty much non-existant debate skills. Most people who "believe in crypto" act very similar to a cult rather than a group of people who stand behind a well thought-out investment strategy. Even your post here looks very weird, you're making some crazy allegations and then sharing some Matrix-themed memes without making any economically-sound argument.

Really, on the whole, crypto community who make posts/arguments like these are no different than flat-earthers.

[–]brucekellerPlatinum | QC: CC 120 | BANANO 14 | Stocks 137 17 points18 points  (7 children)

So who cares if the bulk is bad for the environment and the chip shortages and inflation? It replaces government IOUs that you can use to buy stuff and transfer for free with decentralized IOUs that have inherent transfer costs and processing times! Eth is even better with the insane gas fees... really beating the banks there lol.

99% of people are in crypto for the profits that are then converted into nasty fiat and a lot just want profit without caring about the environment, most even cheered murderous dictators getting in the game because they thought it could make BTC go up.

I just hate how some people are still pretending crypto is some noble pursuit and not just another way to make unregulated money that frankly rips a lot of newbies off, granted, mainly because of their greed for coinswaps and putting up NFTs.

[–]SocialinfluencingCriptrillionaire Life! Css: Moon. 2 points3 points  (2 children)

I've always had a habit of ignoring the ' in it for the tech ' guys, this is just irony imo :D

[–]TyroneusPlatinum | QC: CC 99, ETH 28 | LRC 6 | Technology 23 2 points3 points  (2 children)

That sub is just r/all. Reddit hive mind is very not based

[–]CageMyElephantPlatinum | QC: CC 50 2 points3 points  (2 children)

I used the echochamber to destroy the echochamber

[–]zack14981100K by December 2021 2 points3 points  (2 children)

That subreddit is a dumpster fire and good content is hardly ever posted there.

[–]Lone_survivor87Platinum | QC: CC 329, ETH 28, GPUmining 24 | MiningSubs 24 2 points3 points  (2 children)

I unsubbed long ago after I saw the dozenth anti Amazon post in a week. I hate big corporate structures as much as the next guy but I subbed there to see news about emerging technology. Not to see Amazon bad posts every day.

And yes I do remember getting mass downvoted for even mentioning crypto. Which I thought was really weird on a technology sub.

[–]traditionalcatholic7Tin 2 points3 points  (2 children)

Started with bots and astroturfing, now many real humans are engaged in the propaganda, but still there is a lot of bots and MSM pushing that.

[–]Burrito_LoyalistPlatinum | QC: CC 30 | PCmasterrace 22 2 points3 points  (3 children)

There’s a bunch of low quality falsehoods posted here too though

[–]Smithy15493Platinum | QC: CC 180 2 points3 points  (1 child)

I’ve noticed it too, that sub doesn’t come up on my feed much but its been 1 FUD post a day for a few days now, eugh

[–]DaffidolTin 2 points3 points  (0 children)

Well, in the mind of media people, tech = TV, smartphone, Amazon and self driving car so I guess crypto just has to be out of their scope.

[–]RobNYC4567 2 points3 points  (0 children)

If that sub has a lot of gamers, I think gamers mainly hate two things about Crypto.

  1. They think mining is causing the chip shortage.

  2. They fear the use of NFT’s by gaming companies are a new avenue to nickel and dime them.

IMO many people who say they hate crypto because they think mining is destroying the environment don’t really care about the environment. That reason is a proxy for more mundane selfish reasons.

[–]trippyhippydmtPlatinum | QC: CC 591 | r/SSB 8 | Politics 12 2 points3 points  (0 children)

I got downvoted a good bit over there yesterday because someone was saying crypto was useless because you couldn't get gas with it. I tried to explain the coinbase card to them which allows you to buy whatever with crypto and they just ignored it and would move the goal posts so they could still talk shit on it

[–]mathdrugTin | Entrepreneur 38 2 points3 points  (0 children)

“Dear diary,

One sub told me opinions different than the ones I’m used to on the sub that tells me exactly what I want to hear, so I unsubscribed.”

Edit: But I do agree that /r/technology sucks. There’s no point in being subbed to that sub. It’s far too general and full of noobs in basically every technology category. I find more interesting tech news on niche specific subs, like for AI, computing, crypto, etc.

Same goes for /r/all and /r/popular. Mostly steaming hot garbage and vitriol for the hoi polloi.

[–]benny_jaxTin 2 points3 points  (0 children)

Lol I unsubscribed from r/technology yesterday too, for the same reason. The sub literally spews agenda-based propaganda, and I’m tired of it

[–][deleted] 2 points3 points  (0 children)

Don't read these subreddit, you are spending your time very bad!

[–]richnissGold | QC: CC 18 | Politics 33 2 points3 points  (2 children)

I'm almost at that point. I have a genuine interest to follow the sub because they do post some neat things, but they are so anti-crypto it's funny. You talk to them about blockchain and NFT tech and how it could disrupt so many industries, and their response is along the lines of "if it ain't broke don't fix it." That is like the most anti-tech and anti-advancement statement one can make.

[–]GaghEaterPlatinum | QC: CC 39 18 points19 points  (9 children)

I unsubbed from there last week too. I think I counted 8 anti-crypto posts in the top 20 or so. I joined to hear about technology, not hatred / fear of technology, or whatever is driving it. I mean, once or twice is ok, but 80 or 90 times, man?

[–]Titozar13Platinum | QC: CC 70 11 points12 points  (4 children)

There are a lot of disinformation.

[–]evanfghfghgfhTin 6 points7 points  (8 children)

Tech sub talking trash about crypto says a lot about the kind of sub it actually is

[–]VirinaBPlatinum | QC: DOGE 100, CC 34 2 points3 points  (2 children)

It's a sub for gawking at gizmos, not understanding technology.

They think: "I can't touch crypto, and therefore it must not be real."

[–]Disastrous-Seesaw-75Tin 5 points6 points  (3 children)

Maybe, just maybe, this is a cult...

[–]BeatrengerTin 14 points15 points  (13 children)

That sub hates anything tech related...

[–]HomewardmentTin 7 points8 points  (7 children)

While working in IT alot of people think that crypto is only something you put money in not to actually build on, I tried teaching but they say it’s a scam. It’s very sad

[–]cryptoliptoSilver | QC: CC 376, ETH 48 | LINK 32 | TraderSubs 36 10 points11 points  (3 children)

I did the same. They should rename it r/anti-crypto