• OwlPaste@lemmy.world
    link
    fedilink
    English
    arrow-up
    116
    ·
    edit-2
    1 month ago

    My favourite part from this story covered on another site was

    Howells says that if only the council had entertained his excavation requests, “Newport would look like Dubai.” Currently, it still looks like Newport.

    • kungen@feddit.nu
      link
      fedilink
      English
      arrow-up
      45
      ·
      1 month ago

      Does he really think $500M would significantly change a city? As if the city would get any part of it, or that Dubai is something to desire…

        • rottingleaf@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          ·
          1 month ago

          Most likely he won’t find that treasure. Instead of wasting years of his life, and not the worst of them, he could be spending time with girls or working his ass off for some more certain value to spend as he sees fit.

          • Echo Dot@feddit.uk
            link
            fedilink
            English
            arrow-up
            5
            arrow-down
            1
            ·
            1 month ago

            He’s a crypto bro there’s no way he’s hanging out with any girls. Probably “nice guys” them into running away very fast, th n complains on the internet.

      • brsrklf@jlai.lu
        link
        fedilink
        English
        arrow-up
        18
        arrow-down
        1
        ·
        1 month ago

        For all the talks about freedom and “decentralised” utopia the crypto bro cults spew all the time, they are really just obsessed with making absurd amounts of money fast. Their only motivation is greed.

        Can’t say I’m surprised some regard Dubai as a goal. They only see the rich man’s club, they don’t care about how the sausage is made.

        • 0x0@programming.dev
          link
          fedilink
          English
          arrow-up
          0
          ·
          1 month ago

          Their only motivation is greed.

          Gee, i’m so glad brick ‘n’ mortar banks are different… oh, wait…

          • brsrklf@jlai.lu
            link
            fedilink
            English
            arrow-up
            1
            arrow-down
            1
            ·
            1 month ago

            Last time I checked, most individuals are not, in fact, banks.

            • 0x0@programming.dev
              link
              fedilink
              English
              arrow-up
              1
              ·
              1 month ago

              Last time i checked banks and “regulating” bodies are run by, you guessed it, groups of individuals.

              • brsrklf@jlai.lu
                link
                fedilink
                English
                arrow-up
                1
                ·
                1 month ago

                Which are not, by far, most people. I am not sure why you’re bringing the subject of banks. Of course they’re shitty and mostly run by bastards. Okay.

                But cryptomoney people are not banks, or groups of individuals. They’re individuals. And they’re in it because of the “get rich quick” scheme and push others to get into the pyramid’s lower levels, because that’s how they might get richer. So they’re either bastards or being conned, or probably both.

                Proof of work is a power/hardware catastrophe, and proof of stake is entrusting power to the already rich again. Crypto is not a new economy model, it’s a bad subset of the old one with fancy fake ideals.