this post was submitted on 18 Oct 2024
347 points (95.5% liked)

Technology

59390 readers
2712 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 138 points 4 weeks ago* (last edited 4 weeks ago) (12 children)

My favourite part from this story covered on another site was

Howells says that if only the council had entertained his excavation requests, "Newport would look like Dubai." Currently, it still looks like Newport.

[–] [email protected] 64 points 4 weeks ago (3 children)

Does he really think $500M would significantly change a city? As if the city would get any part of it, or that Dubai is something to desire...

[–] [email protected] 29 points 4 weeks ago (2 children)

For all the talks about freedom and "decentralised" utopia the crypto bro cults spew all the time, they are really just obsessed with making absurd amounts of money fast. Their only motivation is greed.

Can't say I'm surprised some regard Dubai as a goal. They only see the rich man's club, they don't care about how the sausage is made.

[–] [email protected] 6 points 3 weeks ago

Yeah wtf. Seeing Dubai as the ultimate utopia is so weird.

[–] [email protected] 0 points 3 weeks ago (1 children)

Their only motivation is greed.

Gee, i'm so glad brick 'n' mortar banks are different... oh, wait...

[–] [email protected] 0 points 3 weeks ago (1 children)

Last time I checked, most individuals are not, in fact, banks.

[–] [email protected] 1 points 3 weeks ago (1 children)

Last time i checked banks and "regulating" bodies are run by, you guessed it, groups of individuals.

[–] [email protected] 1 points 3 weeks ago (1 children)

Which are not, by far, most people. I am not sure why you're bringing the subject of banks. Of course they're shitty and mostly run by bastards. Okay.

But cryptomoney people are not banks, or groups of individuals. They're individuals. And they're in it because of the "get rich quick" scheme and push others to get into the pyramid's lower levels, because that's how they might get richer. So they're either bastards or being conned, or probably both.

Proof of work is a power/hardware catastrophe, and proof of stake is entrusting power to the already rich again. Crypto is not a new economy model, it's a bad subset of the old one with fancy fake ideals.

[–] [email protected] 1 points 3 weeks ago

Most cryptocrrencies do seem scammy, i'll give you that,

[–] [email protected] 23 points 4 weeks ago (1 children)
[–] [email protected] 5 points 4 weeks ago (1 children)

Most likely he won't find that treasure. Instead of wasting years of his life, and not the worst of them, he could be spending time with girls or working his ass off for some more certain value to spend as he sees fit.

[–] [email protected] 3 points 4 weeks ago

He's a crypto bro there's no way he's hanging out with any girls. Probably "nice guys" them into running away very fast, th n complains on the internet.

[–] [email protected] 3 points 3 weeks ago

Or that dubai was built with such a paltry sum

load more comments (8 replies)