"Cryptocurrency is everywhere except the cash register." washingtonpost.com/business/2022/… "Few people are using it for its intended purpose: to pay for things." That's because it's not a currency! It's not a valid exchange system, and no state guarantees its value.
You know where else you don't see cryptocurrencies? Porn. Porn jumps on absolutely every technology that helps it "get around" the limitations of payment processors and censors. Porn pushes technology forward.
JPEG was invented specifically to make transmitting porn lighter and more vibrant than GIFs. MMORPGs run on a protocol originally invented to let people hot-chat each other. Consumer financial transaction protection protocols were developed by the first wave of adult websites.
If cryptocurrency helped people get off, porn would be all over that. But because people in the porn industries rely on their engineers, they also listen to those engineers. At overwhelmingly, at the engineering level, the response: It's not worth it. It will all end badly.

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More from @elfsternberg

11 Jan
Someone asked me how "He Man" is responsible for the Internet being such a terrible place. Let me explain. In 1981, HE-MAN and the Masters of the Universe toys hit the shelves. Six years later, this happened: npr.org/sections/money…
Those two events are related. In 1981, He-Man sucked all the money out of families' Christmas budgets. Apple and Atari and Commodore and so forth saw their "A machine that's programmable and fun!" message fall dead.
Consumer computer makers needed to stay alive, so they changed their message from "fun" to "anxious:" The future is coming, and boys need to learn "computers" to stay competitive. But not just any boys. Marketers targeted middle class white boys.
Read 9 tweets
21 Oct 21
It's impossible to parody this. It's impossible to overstate just how insane this document is. The 2020 Texas GOP Platform:
Let's start with their first principle: "We believe in the laws of nature and nature's God." But when science points out there's no such thing as a gender binary, they stick their fingers in their ears.
The Texas GOP is anti-Judaism. Their second principle is that life begins at conception. Judaism teaches quite the opposite: life begins when a child draws their first breath, and not before.
Read 10 tweets
25 Jan 19
As a writer, let me explain why comedians can't make much fun of Alexandria Ocasio-Cortez (@AOC). It has to do with the nature of comedy itself, and what comedy tries to do. The trope people most right-wingers are grasping for is "Hubris," one of the most common in storytelling.
Hubris appears in lots of comedies, but Sienfeld WAS a hubris plot. Every episode, a character tried to improve their lot only to be slapped back to the status quo, and always due to their own obvious failings. It's the "obvious" part that makes it comic.
Comedy has only two legitimate targets: the powerful and the foolish. Mocking the powerful is "punching up"; the presumption is the powerful can take it, and done well it can highlight the contradictions, spreaking truth to power, between the powerful's words and deeds.
Read 14 tweets

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