Short and sweet anti-crypto documentary.

This was an hour well spent. Well written, hits all the important points, and a great launching pad for anyone to ask follow up questions.

Good video to share with family and friends, and warn them of this high tech scam.

Via Stephen Diehl on twitter:

https://www.youtube.com/watch?v=ORdWE_ffirg

Crypto: The World’s Greatest Scam.

YouTube
@Migueldeicaza I really wanted crypto to work, but it never got around to solving any of the problems it purported to solve and no new solutions to existing problems were found, just new problems to advertise and scams to base said problems on. Part f me beleives the technology still has a purpose but the rest of me knows even if that was true it is a technology lost to the toxcicity of wealth and the solutions it might offer solve the toxicity of wealth. Not a profitable composition of ideas.
@ianridgwell some elements were good ideas (“is there a way to send money without an intermediary”), but the was built on principles and ideas that just can’t sustain it, so it turned into speculation - and that was a slippery slope it couldn’t be undone
@Migueldeicaza There is nothing specifically monetary about distributed ledgers. The double spend solution solves trust issues across distributed ledgers. We can make agreements with each other simply and easily, the issue only comes into being when we add money. Its not essential, and if it is we have cash. Escaping the control of authorities (banks, government etc) to the control of said authorities via proxy is the usual VC, tech bro, anarcho-cap libertarian nonsense. Its saddening.