this post was submitted on 18 Mar 2025
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[–] partial_accumen@lemmy.world 6 points 3 days ago

I grew up using the (actual paper) card catalog in the library to find books and yes I predate VHS. However, I even understand crypto, but I think my definition may vary slightly from younger folks "understanding".

Crypto has no intrinsic value like gold, and as fiat currency isn't even backed by any nationstate. This means any appreciation is based upon the "greater fool" model. Its not an investment. Its a series of Ponzi schemes so repeated that the term "rug pull" is right at home in the crypto world. I'm old enough to see other Ponzi schemes and know how they end up.

The only real value that I can see for crypto is bypassing of national monetary controls. As in, you can buy crypto in your home country with your home country's currency, then travel to another country with just your coins (as hex values on paper if you want to go that far) and exchange those coins for fiat currency in the other country. This isn't unique to crypto though. You could do the same with buying rare Pokemon cards and transporting them with a slightly higher risk of seizure at one nation's border. There might even be less volatility in Pokemon cards than many crypto currencies.

So many trends are variations on things we've already seen before. Bernie Madoff would have been right at home with cypto.

[–] RandomVideos@programming.dev 13 points 3 days ago* (last edited 3 days ago) (1 children)

Who is expecting them to understand cryptography?

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[–] randoogle@sh.itjust.works 16 points 3 days ago* (last edited 3 days ago) (1 children)

The shift was 9/11 happening and everything that happened after.

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[–] BlackSheep@lemmy.ca 17 points 3 days ago

SMH. Dear boy. We elders were taking it to the streets in the 60’s and 70’s—in huge numbers. We organized without social media, were willing to face danger and arrest, and got shit done. We were using DOS before you were probably even born (do you know what that is?). While many of us are, in fact, fading, there are legions of us with knowledge and experience you will never understand until YOU are an elder.

[–] MeowKittyWow@lemmy.ca 5 points 3 days ago

Okay, as someone born in 1988, I am not an elder (but also I will accept you being kind to me please, thank you 🫠)

[–] peregrin5@lemm.ee 27 points 4 days ago (4 children)
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[–] MadMadBunny@lemmy.ca 21 points 4 days ago

Listen here you little shit: you think you’re superior because you rebranded Ponzi schemes with AI merde?

[–] Delta_V@lemmy.world 18 points 4 days ago

I feel like its an advantage to know the analog way to do things in addition to the current norms. For example, navigating by paper map and direction of the sun, like some kind of land pirate.

[–] kepix@lemmy.world 8 points 3 days ago

i remember standing in line for dvds. we were hacking regionlocked discs before nft was just a scammer's wet dream. we were moulded by early modern technology.

[–] wanderwisley@lemm.ee 17 points 4 days ago (5 children)

I was born in 1983 and I’m old enough to remember having only 5 tv channels, vcr’s, and you couldn’t get on the internet if your mom was in the phone.

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[–] rustbuckett@lemmings.world 5 points 3 days ago

I remember being happy to watch whatever came on one of the four channels that your TV could pick up with a rabbit ear antenna.

[–] Hawke@lemmy.world 19 points 4 days ago (2 children)

Cryptocurrency or cryptography?

The former you don’t really need to understand fully to use, but the latter is vital and indeed brain-melting.

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[–] mavu@discuss.tchncs.de 16 points 4 days ago

FUCK YOU! I understand crypto and STILL have a VHS tape I never returned. pfft. arrogant youth. now where do i push to send this to reddit?

[–] TropicalDingdong@lemmy.world 21 points 4 days ago (1 children)
[–] NigelFrobisher@aussie.zone 14 points 4 days ago

I may be older but I know how to take a selfie without my phone in it.

[–] Nougat@fedia.io 17 points 4 days ago (7 children)

Yeah, let’s see you write a new autoexec.bat file with whatever text editor came on a DOS3.2 floppy that’s infected the the Stoned virus after you stupidly deleted autoexec.bat from your 386 by going to the library and checking out some books.

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