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submitted 1 year ago* (last edited 1 year ago) by Dirt_Owl@hexbear.net to c/chapotraphouse@hexbear.net

The most obvious stupid scam ever conceived and they actually managed to hook a bunch of actual corporations

Square Enix, Nickelodeon, Coke, KFC, and more fell for this shit while regular people were laughing about how obvious a con it was.

Really puts into question the capitalist myth of the genius entrepreneur and the idea that these corporate types are rich because they are smart or deserving in some way.

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[-] Hoyt@hexbear.net 9 points 1 year ago

Just to entertain the idea for a second that some shitcoin will actually level the global market. Let's ignore the fact that there are plenty of ways to re-annonymize coins and all the other problems with it.

What would compel any holder of large capital to use it? What is the fulcrum of power that will stop these entities from using fiat currencies? If the global system right now benefits them so much (it does) why would they give it up and use something that doesn't?

this post was submitted on 04 Sep 2023
244 points (100.0% liked)

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