Other fascists?

I thought that was your implication above about a bullet to the head being your retirement

Then why aren’t you saving for retirement?

But do you have an in-demand skill?

I don’t feel that we need an ideology middle ground. But I do feel that my having individual positions on individual policies leaves me siding with different preformed “teams” quite often.

And others say we’ll end up with normal and woke.

I’m not on a team and feel like we will indeed end up with just 2 things and it’ll be both extremes. And most people will be stuck in the middle wondering why we have teams.

I never said a majority of stocks are financial. I’m crypto they are tho but that’s kinda obvious given that we are bootstrapping a new financial system.

The internet changed a ton of things!!! Individual investors have so many tools to research now compared to 30 years ago! It’s much easier to get due diligence on investments and confer with others.

Accounting figures are obviously FAR superior with crypto native companies since everything is verifiable.

cryptocurrencies haven’t changed the process for gaining the investment necessary to start a new bakery or other small business and never will provide a pathway to do so

I adamantly disagree with that last part. This is precisely where crypto shines when done right it allows everyone an equal footing on raising and investing in capital projects. Note I’m not saying that it removes risk - it removes friction - admittedly at the cost of risk.

The reason you don’t see this taking off is 100% because of regulations, hoops, lawyers, and capital required to register a security. If I want to tokenize a business plan in the USA, I cannot easily do that without getting wrecked by the SEC.

The elitists can and will continue to do private equity and insider trading to maintain a lead because they have the capital to do so. I can’t speak to how they all feel about crypto. I would assume they would love it too. Free markets are far cheaper than the crap they go through now to do fund raising and such.

It’ll be interesting to see how this goes in the coming 30 years. It definitely benefits countries without a strong financial system already in place way more. Will it outperform the legacy, cumbersome financial system? Time will tell!

It already exists. Conservapedia

I spent 25 years in tradfi as mentioned previously. I’m not delusional or a grifter/scammer.

You realize that some of the things listed on crypto markets actually represent more than just an entry in a distributed ledger, right? I live in Solana (a distributed ledger) world and there’s dozens of tokens which represent true products. Sure most are financial related themselves - but that’s no different than tradfi where banks and exchanges are themselves listed on the exchanges. Others are depin models and governance things for example. It’s a real industry which gets a bad rap since it does enable bad people to do bad things too, and that gets most the press.

First off, our securities regulation is ancient and much is based on a pre internet global world. There’s many changes that can be made to give consumers access to private equity and capital efficiency which currently the rich have guarded for themselves.

Secondly, there are far bigger and badder scams under the current regulation. Enron, worldcom, madoff, tyco, healthsouth, centennial, bre-x etc.

Bad people do bad things under either model, but the free, permissionless model sure opens the door to allow little guys to have a chance.

Raising capital for a small venture in a free global market is a tough nut to crack. And yeah thar be dragons there. But it’s such a freeing concept once you see it in action. I believe in freedom of money, and the global revolution it can bring.

This is simply not true. I’ve been a fulltime software dev in the crypto space for 3 years. Moved to crypto after 25 years in the financial sector. My work in the crypto space is a near parallel to the legacy financial sector wrt products and services I’m delivering.

Sure crypto has a scammer and hype and meme angle but I operate in none of those.

Think of NASDAQ without all the rules. Where anyone can list and trade anything, even complex financial derivatives. It’s so freeing for the little guy. It levels the playing field of the financial system and access to capital quite a bit.

What is a bad cookie banner?! I’ve been a software engineer for 35 years and have never heard of such a thing!

Why wouldn’t you just click the article and skim it real quick?

Seriously? You deleted a humorous “good bot” reply?!

Didn’t realize how quickly the authoritative mods would show up.

Is this just a Lemmy world thing, or world@ or what?

I agree with that as well.

Really thought you were serious. Unfortunately my first impression of ya matched that behavior. Lol. Cheers.

Case in point.

Removed by mod

Aw cmon. Blocking people you simply disagree with eventually leads to a really polarized world.

I hear you. But my experiences are all very similar. There are still fights, and guns and knives being involved is VERY rare unless you’re in a bad area.

In fact, check this out, I’m in my mid 40s and I’ve never even seen a gun on anyone who isn’t a police officer or military. I’ve been in fights. I’ve lived homeless on the streets of Baltimore. I ignore annoying people.

Is my experience everyone’s? No. But the rest of the world acts like it’s some major daily problem everyone deals with over here. It’s not.

I agree with the first two paragraphs. USA is going down the shitter in dealing with crazies.

I understand the point you’re attempting with the rest of your comment but I disagree it’s a plausible scenario or problem.