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I shared this before.
If you were a person of color, having Uber and Airbnb were a game changer. Taxis and hotels were awful from the 80s-2010s.
Taxis were racists and often wouldn't even pick you up. If they did, they often took you on a joyride. Hotels were absolute shit holes. Want to complain about your room? Go pound sand.
Those industries werent good for decades. And the disruption actually made car sharing much more consistent and hotel experiences better.
I don’t think I’ve ever ridden a taxi without them trying to pull one over me in some way.
Interesting perspective I never accounted before thank you. Cabs were notorious for not picking up black people. Can't speak for hotels.
Uber
Airbnb
Bitcoin
OpenAI
did I guess right
I think the last two are more general, just cryptocurrency and generative AI respectively.
There are also at least three ubers where I'm at. It's more about a business model.
Well yeah but... Fake money, is "real" money real? The support structures behind bitcoin and dollars or euros are different and both have positive and negative aspects. All in all bitcoin is worse, mainly for the power usage, but if it comes to ease and speed of transfer for the average user bitcoin rules. I guess we can mostly thank banks for that.
This raises the question of how much pollution is created by the dollar in the form of increased consumption from shortened time preferences. The dollar inflates to encourage people to spend more now instead of save, so that the economy gets bigger.
Man it's so brutal when you think about it like that. Inflation is theft by the back door.
The feds job is to force people to stay productive. It's a feature, not a bug.
That's not how it works. When you invest into the stock market, it actually beats inflation in the long run. So inflation doesn't actually make me spend any more money than I would otherwise, since investing it would still later improve my buying power even more
You mean that investing in the stock market is a hedge against inflation? I can't argue with that. But not everyone has money to invest in the stock market after rent, bills, food etc. Unless your wages/benefits rise in line with inflation or you have money to spare, you basically only have the option of buying worse stuff or simply going without it.
what's the fake money for criminals
Cryptocurrency
that's not fake money, and it isn't "for" criminals. it's real, and that's why criminals use it.
They only "use it" to transfer the funds. Once they have it, they cash it in. No criminal is keeping it in crypto form. They use it the same way they use Apple gift cards.
tally sticks were debt tokens. people used them as money out of convenience, and would exchange them for cash if it was possible.
An easy way to tell if it's "real" money or not is to see if goods are ever priced directly in it, where it isn't just directly indexed to the exchange rate of an established currency.
Hint: Even places that accept crypto payments don't do this. The crypto price fluctuates based on the moment by moment exchange rate to the local currency.
So latin American currencies are not real money. We already knew but wow harsh reality
fake money for criminals is just money in general, at least some crypto currencies don't allow for tracking
at least some crypto currencies don’t allow for tracking
The blockchain explicitly tracks transactions between wallets.
Fake money for criminals only because it was useful for me when I wanted to buy drugs while living in a place with little access to them
It's especially funny since criminal enterprises have used "legal" currency since its invention. It's almost like criminals are gonna criminal, regardless of the "tender". 🤌🏽
For now... 🖕🏽 They worded that so weasely, they're just waiting for the storm to pass and for Legal to come up with some compelling reason why they're totally "obligated" to make it happen, "hands tied" "so sorry" and all that.
Fuck Sony. They made this SOP way back when, and there's no way they let this stop them forever. It's all about profit, not what "we" want.🤌🏿
The weed and lsd were to this day the best I have had too. I don't love crypto currencies for many many reasons but it has been years and I still think about those trips
Cryptocurrency with Tor has unironically done more for drug safety than most administrations worldwide. I hate the framing "fake money for criminals" because while there are despicable crimes, not all of them use cryptocurrency, in fact USD was the most common last time I checked, OTOH what constitutes a criminal can be an arbitrary rule. Woman in Texas having an abortion paying with crypto? Fits the definition but I'm not sure people here would condemn it.
I'm not happy with how cryptocurrency turned out with the huge speculational bubble, NFTs, not even a huge fan of smart contracts but I think the idea of a decentralized and maybe even anonymous ledger is very much in the spirit of the fediverse.
Anonymous and untraceable internet traffic tool for paedophiles, data thieves and occasionally a journalist living under an oppressive regime. But mainly paedophiles.