347
Man who threw away $500M Bitcoin hard drive sues city for right to search landfill
(www.techspot.com)
this post was submitted on 18 Oct 2024
347 points (95.5% liked)
Technology
60055 readers
2841 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
My favourite part from this story covered on another site was
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...
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.
Yeah wtf. Seeing Dubai as the ultimate utopia is so weird.
Gee, i'm so glad brick 'n' mortar banks are different... oh, wait...
Last time I checked, most individuals are not, in fact, banks.
Last time i checked banks and "regulating" bodies are run by, you guessed it, groups of individuals.
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.
Most cryptocrrencies do seem scammy, i'll give you that,
Yes, he's stupid.
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.
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.
Or that dubai was built with such a paltry sum