From 9de549b9f14872510a541e3b77ed80c0575d17d0 Mon Sep 17 00:00:00 2001 From: nathan Date: Tue, 29 Jul 2025 21:20:24 -0600 Subject: Working on crypto blog post --- org/blog/articles/current-state-of-crypto.xml | 39 +++++++++++++++++++++++++++ 1 file changed, 39 insertions(+) create mode 100644 org/blog/articles/current-state-of-crypto.xml (limited to 'org') diff --git a/org/blog/articles/current-state-of-crypto.xml b/org/blog/articles/current-state-of-crypto.xml new file mode 100644 index 0000000..9f2982a --- /dev/null +++ b/org/blog/articles/current-state-of-crypto.xml @@ -0,0 +1,39 @@ +
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+ There are two types of crypto users: the peep who wants more privacy and + the libertarian. The libertarian makes life harder and worse for the peep + who wants more privacy. Libertarians are the ones who over all control the + status quo of crypto. Now you have a very good understanding of the issues + with crypto the blog post can just end here. You want more details dont + you? Ok you greedy bastard who cant use a search engine... +

+ +

Mining

+

+ I dont think anyone ever have or ever will create a more fancy way to waste + computing power. These mother fuckers buy a bunch of gpus just + to overclock them and leave them running at full power until they melt. I + once heard a story about the gold miners in old times along the lines of + everyone wanted to make money mining gold so they bought all the gear and + started looking for gold. Most never found much but reguardless people kept + buying gear to go gold mining and because of this the people selling the + gear were getting rich while all the miners were just getting poorer. The + same happened with crypto mining. Nvidia made a hell ton off selling + hardware to mine coins barely anyone uses for anything practical. Sure + there are people who do make money mining but those are people who have the + money to spend an insane amount on a mining rig in some datacenter in a + third world country while they sip their wine in a first world country. + It isnt like nvidia is trying to hide it either. Just read + + this article + + and get a good laugh in. +

+ +

Trading

+

+ This is the main thing most people seem to think crypto is for. People + trading it without ever using it to buy and sell anything besides other + cryptocurrencies. +

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