tanteNov 23, 2024

The fact that we start to have the same conversations about crypto again makes my soul want to leave my body.

Yes. It's still all scams. A socially destructive set of technologies and attached belief systems.

https://tante.cc/2021/12/17/the-third-web/

The Third Web

(This text is very long. Maybe too long. You can find a PDF and an EPUB of it below.The current version of this text will always live at https://web3.tante.ccSatya has created an audio version of this essay. Eine deutsche Version findet sich hier. Una versione italiana di questo testo è qui – grazie Nebbia! En […]

Smashing Frames
Show threadhaaflifeNov 23, 2024
@tante Not a big fan of the whole thing either, but there is still no alternative to crypto if I want to send money to my friends and In-laws in Iran without losing 30 % in the process
Show threaddavidsheffieldNov 23, 2024

@haaflife @tante

Well, yes there is... you could use any number of low cost currency exchange websites like wise.com or ofx -- it's actually willful blindness to think that there aren't alternatives that are far better suited to the task at hand than crypto

Show threadhaaflifeNov 23, 2024
@davidsheffield @tante you can't send money to Iran through any bank like wise due to sanctions. Iran is not connected to the international banking system anymore and hasn't been for years. Besides bringing cash on visits and illegal, private exchange services that charge around 30 %, there is only crypto. Your cunty, unnecessarily aggressive tone doesn't change that, unfortunately.
Show threaddavidsheffieldNov 23, 2024

@haaflife @tante

Well, that's the point of sanctions? So that people can't send money to countries that are backwards and medieval theocratic dictatorships that fund terrorists? So you're saying that bitcoin is useful for being a criminal?

Show threadhaaflife
@davidsheffield @tante it's legal to send money to people or even conduct business with Iranian companies. But if you do business with Iran, your company will not be allowed to do business in the US ever again. And no bank picks Iran over the US
Nov 24, 2024 at 1:32amWeb