• Nougat
    link
    fedilink
    1826 days ago

    The ancient Greeks invented steam power, but didn’t take it any further than a novelty. That doesn’t make steam power a “scam.”

      • Nougat
        link
        fedilink
        526 days ago

        Each is a technology with unique features for its time, and where there aren’t any practical applications initially.

        • @[email protected]
          link
          fedilink
          English
          826 days ago

          Still doesn’t mean crypto is like steam, nor that it will ever have any practical application

          • Nougat
            link
            fedilink
            426 days ago

            I’m sure the ancient Greeks said similar things about their steam pinwheels.

            • @[email protected]
              link
              fedilink
              English
              125 days ago

              you know, the fact that they were right sort of undermines your argument, Hero’s engine really diden’t amount to anything outside a fun curio for wealthy aristocrats, modern steam engines are not based on this invention, the modern steam engine comes from early pressure-cooking

        • magic_lobster_party
          link
          fedilink
          626 days ago

          For each steam power there are thousands of similar inventions that never see the light of practical use cases. We just remember those that had significant breakthroughs.

    • @[email protected]
      link
      fedilink
      English
      526 days ago

      I dunno, most steam power just involves passing an environmental burden down several generations, which seems like a scam to me.

    • @stonerboner
      link
      English
      426 days ago

      You might have had a salient point if the ancient Greeks made it popular for “solving thirst across the known world,” but really it was a novelty. Or if crypto was marketed as a novelty. But crypto was hyped to be the next big things, spreading around the world, no monetary boundaries. The same people making those claims are spending hundreds of millions on the election to making sure it stay unregulated with no consumer protection.

      But sure, crypto somehow parallels steam?