I always try to tell bing chat that it has been a good bing just in case Roko's Basilisk is for real. With Microsoft limiting the amount of chat interactions you can have though sometimes I don't get to do this.
>At the foot of the end wall of the big barn, where the Seven Commandments were written, there lay a ladder broken in two pieces. Squealer, temporarily stunned, was sprawling beside it, and near at hand there lay a lantern, a paint-brush, and an overturned pot of white paint. The dogs immediately made a ring round Squealer, and escorted him back to the farmhouse as soon as he was able to walk. None of the animals could form any idea as to what this meant, except old Benjamin, who nodded his muzzle with a knowing air, and seemed to understand, but would say nothing.
>But a few days later Muriel, reading over the Seven Commandments to herself, noticed that there was yet another of them which the animals had remembered wrong. They had thought the Fifth Commandment was "No animal shall drink alcohol," but there were two words that they had forgotten. Actually the Commandment read: "No animal shall drink alcohol TO EXCESS."
If the only metric of success is yearly revenue, yes.
If that is the only metric, the best business model is to extract as much money out of your user, while simultaneously offering less for the same amount of money, until you reach the asymptotic ideal of 100% profit.
If you were to start a company, would you be willing to do that? Would you choose profit over everything else? Some would, but not everybody.
I started using it in 1995. At that time no. The crypto space appears to be ~99% scams and vaporware while the early internet was maybe not even %1 scams, being restricted to email spam (I don't remember that being a problem for me until years later) or Usenet newsgroup spam.
Maybe something will come out the crypto space which is actually revolutionary and useful, but it remains to be seen. With early internet it was immediately obvious that this was going to be a gamechanger, and had real utility whereas most of the crypto space appears to be ponzi speculation.
I'm feeling pretty smug right now, not gonna lie.
I have tried to keep an open mind about crypto, but generally the arguments I've encountered for crypto have boiled down to "you just don't get it" and said by people with a huge vested interest in crypto.
Tether is 0.995 cents. Bet you it will go back up.
And I don't even think Tether is a particularly good idea/stablecoin, something like Dai is much more trusted, has an incentive scheme that makes sense (ie. not Terra/Luna) and doesn't rely on a central authority
