• dx1@lemmy.world
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    1 month ago

    Rest assured that any crypto legislation will fail to address complete scams and will simply stifle innovation instead.

      • dx1@lemmy.world
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        1 month ago

        I 100% don’t agree. There’s bullshit masquerading as innovation, and all kinds of harmful technology, but innovation (read: technology) has given us everything of actual value that we have.

          • dx1@lemmy.world
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            1 month ago

            Not sure what point you’re making. Think I covered all those bases in my message.

              • dx1@lemmy.world
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                1 month ago

                Etymology:

                innovation (n.)

                mid-15c., innovacion, “restoration, renewal,” from Late Latin innovationem (nominative innovatio), noun of action from past-participle stem of innovare “to change; to renew,” from in- “into” (from PIE root *en “in”) + novus “new” (see new). Meaning “a novel change, experimental variation, new thing introduced in an established arrangement” is from 1540s.

                I am not using it in a business sense. Hell, crypto’s not even supposed to be there for business, it’s getting milked in the same way the web did - didn’t mean the web was bad, and doesn’t mean crypto itself is bad. The core tech is just a linked list of cryptographic proofs that establishes a global state. All this memecoin type shit just plays on ignorance and hype.

                • aesthelete@lemmy.world
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                  1 month ago

                  Yeah cuz you meant it in the Latin, not in the way it’s actually used and not in the way I was calling it bullshit…🥱

                  Lol so you’re into business garbage and crypto?

                  Good for you. 👍

                  • dx1@lemmy.world
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                    1 month ago

                    You just trying to be a dick or what? “Innovation” just means coming up with anything clever. I’m not into business garbage, I’ve been sitting here in this thread calling out scams and memecoins and other bullshit for two or three comments already.

          • shalafi@lemmy.world
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            1 month ago

            And private enterprise took it mainstream. I was there, I was part of it.