• Hjalmar@feddit.nuEnglish
    41·
    10 days ago

    What’s up with the message to start with? How is he making the world better by investing in crypto

    • int_not_found@feddit.orgEnglish
      341·
      10 days ago

      Imagine you have a simplified understanding of our financial system. Not necessarily wrong, but you are more on the “Money can be exchanged for goods & services”-level of understanding, then to a true finance expert, like an economist or market analyst for example.

      You read into our financial system a little bit more and you discover that there are some real issues with it. People are making money off of it, but are not really contributing to society. But you are not quite there yet to understand that the reason for these flaws are complex & multilayered.

      You discover crypto & the promise of a currency free of these backroom figures that syphon off money. A promise of redistribution to the common man.

      Now mix in a little bit of narcissistic tendencies. YOU ARE A COMMON MAN. The big redistribution hasn’t happened yet, you can be Robin Hood destroying these man in black suits (& take a relatively minor part for yourself). You will be rich and the good guy.

      At the end of the day this is an ad. Ads don’t have to be true. They have to invoke the right feelings in there target audience. And the target audience here is people with mediocre understanding of the financial world, with a few narcissistic tendencies.

      • poweruser@lemmy.sdf.orgEnglish
        7·
        10 days ago

        You discover crypto & the promise of a currency free of these backroom figures that syphon off money. A promise of redistribution to the common man.

        you listen to the pitch of a conman

      • fjordbasa@lemmy.worldEnglish
        4·
        10 days ago

        then to a true finance expert, like an economist or market analyst for example.

        I think you meant “than”. “More of X than X”. “Then” would be “I’m going to do this then that”

    • mods_mum@lemmy.todayEnglish
      17·
      10 days ago

      He and his other cronies declared their plan was to accumulate a tonne of money and give it all away to charities. They called it effective altruism which we now know was total BS

      • Tar_Alcaran@sh.itjust.worksEnglish
        2·
        10 days ago

        “Well, I get to be a huge fucking asshole all I want, because if I, at some point in the future, spend all my money building the AI supergod it will save all of potential humanity, doing more good than anything ever before!”

        “But, can’t you do that AND feed hungry babies?”

        “No, the AI supergod requires a second golden airplane!”

      • julietOscarEcho@sh.itjust.worksEnglish
        24·
        10 days ago

        Well, a bunch of ernest and thoughtful philosophers called it effective altruism (see Toby Ord, will mccaskill, Peter singer). Then it was adopted by the deluded arrogant tech/finance bros and yeah yikes. Sucks to be a philosopher I guess. Someone uses your ideas fraudulently and boom, they’re your problem.

        • DragonTypeWyvern@midwest.socialEnglish
          63·
          10 days ago

          Anyone that spends more time philosophizing about doing good than doing good isn’t worth listening to.

          Peter Singer, btw, Mr Effective Altruism himself, wanted to genocide disabled infants. Not abort them as fetuses. Infanticide them.

          • julietOscarEcho@sh.itjust.worksEnglish
            23·
            10 days ago

            If you think ideas can’t do good, then it sounds like you haven’t spent much time listening to anyone. Obviously if you’d considered it even cursorily you’d recognise that we need philosophy/politics/law to get beyond “sky man says bad” levels of ethics and morality in society.

            • DragonTypeWyvern@midwest.socialEnglish
              23·
              10 days ago

              Your opinion is irrelevant, you didn’t even detect the difference between no thought at all and the criticism of thinking about doing good more than doing good.

  • fsxylo@sh.itjust.worksEnglish
    13·
    10 days ago

    Oh yes you can make money using crypto! That’s why we’re spending money on ads for it instead of keeping it to ourselves.

    • julietOscarEcho@sh.itjust.worksEnglish
      13·
      10 days ago

      Exchanges exist and advertise their services in every asset class. Do you think the whole financial system is a sham? If so I have some decentralised fungible tokens you might like.

      • threelonmusketeers@sh.itjust.worksOPMEnglish
        2·
        10 days ago

        The two formats are similar, but distinct. I’ve added an explanation to the introductory post and pinned it.

        TL;DR: In a NoSafetySmokingFirst, the text reads correctly left to right, but visual cues lead you to read it top to bottom. In a DontDeadOpenInside, the text reads correctly top to bottom, but visual cues lead you to read it left to right.

        There are is a separate Lemmy community for !dontdeadopeninside@lemmy.ohaa.xyz, but the current mods are a bit lax with the types of allowed posts :)

        • davidagain@lemmy.worldEnglish
          2·
          9 days ago

          Thanks for explaining. I’d like to take the opportunity to say a massive thank you for moderating the community. You are a hero of the internet.

          • threelonmusketeers@sh.itjust.worksOPMEnglish
            2·
            4 days ago

            massive thank you for moderating the community

            You’re welcome! Glad people enjoy it.

            You are a hero of the internet

            I think that’s a bit much :)

            I’m just a normal person who spends their free time in questionable ways. I think the real heroes are the instance admins and the software devs.

            • davidagain@lemmy.worldEnglish
              2·
              3 days ago

              Nope. Hard disagree. Hero, and I won’t accept otherwise. Normal, maybe, but also hero. Thank you.

    • threelonmusketeers@sh.itjust.worksOPMEnglish
      1·
      10 days ago

      The two formats are similar, but distinct. There is an explanation in the pinned introductory post.

      TL;DR: In a NoSafetySmokingFirst, the text reads correctly left to right, but visual cues lead you to read it top to bottom. In a DontDeadOpenInside, the text reads correctly top to bottom, but visual cues lead you to read it left to right.