Recent comments in /f/tifu

m_ninepoints t1_j6i1ma2 wrote

Reply to comment by BenThereNDunThat in TIFU by buying too much crypto by Colinian18

I agree if by "blockchain technology" you mean the broader semiconductor industry. Blockchain itself has found no meaningful application where traditional database tech wouldn't service faster and more efficiently over the course of its existence. Invest in the industries that make beanie baby manufacturing possible, but not the beanie babies themselves.

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BenThereNDunThat t1_j6i17j7 wrote

Reply to comment by m_ninepoints in TIFU by buying too much crypto by Colinian18

I don't disagree.

But if OP is really gung ho on crypto that's a limit I would set.

Honestly, they'd be far better off investing in blockchain technology instead of crypto as their speculative investment as there actually seems to be an upside there.

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chuchofreeman t1_j6i0d3g wrote

Reply to TIFU Choosing an empty car on a crowded subway by visit_magrathea

Hahahah, something similar happened to me a time ago. I was waiting for a tram in one of the busiest parts of town and when it arrived one section of it was empty and the rest completely packed. Of course, because of some odour, it was a homeless man that smelled like fermented shit, piss and alcohol combined. Did the same as you and moved to the next section, trams here are connected so no need to get off it to change.

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iPirateGwar t1_j6hzag1 wrote

Reply to comment by Loko8765 in TIFU by buying too much crypto by Colinian18

I’m not pro crypto but the U.K. £, a reasonably well supported currency and, at times, the major world currency (albeit it a while back) lost up to 20% in one day last year because they put a moron in charge of the country.

What does imply strength in the US$ though is that you had a moron in charge 2016-20 who tanked the economy, built up huge debt levels to the proportionate extent that it would kill many national economies and you survived. The current government is working hard to stabilise it but next time you probably won’t be so lucky. So don’t vote the morons back in.

And crypto….jeez. It’s still an elitist tool whereby the rich screw over those of us too idiotic to see through it.

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