this post was submitted on 13 Oct 2024
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[–] Lost_My_Mind@lemmy.world 85 points 3 days ago (10 children)

The infuriating part about this is that I try showing these things to people who claimed 10 years ago that $15 min wage would lead to $35 BIG MACs.

And whenever I try to show them the results, like this, they reply with "I don't remember saying that...."

Then they wonder why I don't talk to them anymore or consider their opinions on anything.

I knew a person who thought if Hillary became president it would lead to WWIII because women in power would upset the world view of men in charge.

I just looked at him and said "So you don't have a fucking CLUE who's in power in other countries then, and remain willfully ignorant on world views."

Now, everytime I have to be around me, he's trying to tell me how in 5 years the U.S. Dollar won't exist. It will be all crypto, because it's decentralized and has no government overreach. Then he said "you can even get it at 7-11 at their ATM."

I just replied "How do you not get punched more often?"

[–] SlopppyEngineer@lemmy.world 15 points 3 days ago (1 children)

It would be fun for that guy to discover transaction fees and wait times for crypto when he actually tries to pay with it.

[–] Kecessa@sh.itjust.works 5 points 3 days ago (1 children)

Some are extremely quick with fees that amount to basically nothing compared to the current fees for card transactions (that are paid by the stores instead of the customers, so they end up being included in the price of what we're buying, it's just not transparent).

Algorand takes something like 4 seconds to execute a transaction and the fees are about a cent, Nano has no fees and transactions take less than a second...

There's a lot to criticize about Cerrito, but on those points, not all cryptos are Bitcoin or Ethereum!

[–] Anivia@feddit.org 1 points 2 days ago

Heck, even Bitcoin and Ethereum are capable of instant transactions with tiny fees nowadays, thanks to the Lightning network and Layer 2 respectively

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