Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(CNBC)   Newly elected NYC Mayor: "Crypto should be taught in schools." Yes, right after magic class   (cnbc.com) divider line
    More: Facepalm, New York City, Stock market, incoming mayor of New York City, Eric Adams, Jason Furman, Adams' bullish talk, young people, mayor-elect  
•       •       •

511 clicks; posted to Politics » on 09 Nov 2021 at 3:16 PM (10 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



157 Comments     (+0 »)
View Voting Results: Smartest and Funniest


Oldest | « | 1 | 2 | 3 | 4 | » | Newest | Show all

 
2021-11-09 2:03:11 PM  
That's redundant.  They already teach imaginary numbers in math class.
 
2021-11-09 2:19:07 PM  
Oh dear can we get a redo of that election?
 
2021-11-09 2:20:58 PM  
How about household budgeting, basic cooking and nutrition, simple home repair, you know, stuff that will help you in life.
 
2021-11-09 2:21:32 PM  
Perhaps after teaching even rudimentary personal financial literacy.

Wouldn't hold my breath on Crypto class.

(Graftium, the new political patronage Crypto, debuting now!)
 
2021-11-09 2:24:14 PM  
tse1.mm.bing.netView Full Size
 
2021-11-09 2:58:07 PM  
what would it replace?
Surely not Logarithms, those are useful.
 
2021-11-09 2:58:48 PM  

offacue: How about household budgeting, basic cooking and nutrition, simple home repair, you know, stuff that will help you in life.


I'm stunned at the number of people who do not understand the basics of US taxation.
I don't want a raise of $2000 .... that will put me in the next bracket and then I'll have to pay more!

SMH.

/accountant/ finance guy
 
2021-11-09 3:10:38 PM  
Maybe it's just me, but I want schools to make sure kids get taught life skills in addition to academic subjects.
 
2021-11-09 3:17:58 PM  
He probably means computer science. If so, he's right.
 
2021-11-09 3:18:13 PM  
I mean, a class on how to recognize pyramid schemes WOULD be helpful.
 
2021-11-09 3:20:08 PM  
Introduction to Crypto: It's like Kohls Cash.

Class dismissed.
 
2021-11-09 3:20:09 PM  

From Philly to Boston: offacue: How about household budgeting, basic cooking and nutrition, simple home repair, you know, stuff that will help you in life.

I'm stunned at the number of people who do not understand the basics of US taxation.
I don't want a raise of $2000 .... that will put me in the next bracket and then I'll have to pay more!

SMH.

/accountant/ finance guy


They believe what a lying demagogue shouted at them, rather than what they learned in school. People who follow the lead of liars, inevitably wind up entirely lost.
 
2021-11-09 3:20:21 PM  
No different than teaching students exactly what happens when they say we should have the government force stock sales to pay wealth taxes ...

11% ... ooooof ... Nothing like watching $100B of wealth evaporate so ya'll can get your hands on $15B of Elon's money ...

Fark around and find out for sure.


Fark user imageView Full Size
 
2021-11-09 3:20:26 PM  
Between this guy, Dave Portnoy, and Aaron Rodgers, all the smart people are getting in on Crypto.
 
2021-11-09 3:20:46 PM  

anjin-san: He probably means computer science. If so, he's right.


Cryptography is what everything runs on now. There is not much of a real difference between your browser doing a secure connection and bitcoin. (Yes I know there are differences.)
 
2021-11-09 3:21:01 PM  
So how much money did this guy take from crypto lobbyists? Why would this even be the purview of a mayor?
 
2021-11-09 3:21:24 PM  

LordJiro: I mean, a class on how to recognize pyramid schemes WOULD be helpful.


Like the stock market?
 
2021-11-09 3:21:36 PM  

From Philly to Boston: offacue: How about household budgeting, basic cooking and nutrition, simple home repair, you know, stuff that will help you in life.

I'm stunned at the number of people who do not understand the basics of US taxation.
I don't want a raise of $2000 .... that will put me in the next bracket and then I'll have to pay more!

SMH.

/accountant/ finance guy


I was working on an audit when I had to explain it to junior auditors who had bachelor's degrees and were sitting for the CPA exams.
 
2021-11-09 3:21:50 PM  

137 Is An Excellent Time: so ya'll can get your hands on $15B of Elon's money ...


taxes legal theft!
 
2021-11-09 3:22:08 PM  

Psychopusher: That's redundant.  They already teach imaginary numbers in math class.


Yeah, but imaginary numbers are cool and useful
 
2021-11-09 3:22:14 PM  
Good. Maybe some kid being taught about cryptos today will finally get a clear picture of Bigfoot.
 
2021-11-09 3:22:54 PM  
Crypto *should* be taught in schools, including basics about how hashes work, public key infrastructure & certificates.

He probably means crypto*currency*, which no.
 
2021-11-09 3:23:37 PM  
i1.wp.comView Full Size
 
2021-11-09 3:23:40 PM  
How about some basic budgeting and home economics lessons instead?? Maybe start there? Maybe Total and Gross Debt Service Ratios? Priority of rent and mortgage vs. food and transportation? Interest rates and inflation  -- the basic building blocks of any financially responsible adult.
 
2021-11-09 3:23:47 PM  
I'd be ok with teaching a class on financial literacy that INCLUDES a section on crypto.

As a subsection on currency in general.  And why currency backed by a federal reserve is fiat money that has inherent value, and why crypto, which is based on unicorn farts and fairie dust, is not and does not.
 
2021-11-09 3:23:48 PM  
64.media.tumblr.comView Full Size


"Listen, we need to stop people from being able to view images online to protect our investments."
 
2021-11-09 3:23:53 PM  
"Good morning class.  Cryptocurrency is any currency whose value can fluctuate wildly based on two factors:  Elon Musk's mood at any given moment in time and his proximity to his phone. Class dismissed."
 
2021-11-09 3:24:11 PM  
If Cryptocurrency Was Honest | Honest Ads (Bitcoin, Dogecoin, Ethereum, Stellar, and Binance Parody)
Youtube GUs5y9leCyA
 
2021-11-09 3:24:24 PM  

offacue: How about household budgeting, basic cooking and nutrition, simple home repair, you know, stuff that will help you in life.


Avoiding sketchy investments should be part of that, so, perhaps crypto should be taught. As something to not invest in.
 
2021-11-09 3:24:57 PM  

Some Bass Playing Guy: Maybe it's just me, but I want schools to make sure kids get taught life skills in addition to academic subjects.


If we take public ownership of increased automation over the coming decades, and start implementing UBI, we can extend school year length and total school years, adding a lot more basic life skills and math.

You know, as soon as Democrats stand up to Republicans on behalf of the 99%.
 
2021-11-09 3:25:46 PM  
Crypto could become a big deal if there were any governments backing it, but there aren't any.

Right now crypto is like banks trying to print their own currency with no gold in their vaults.

In the end, all cryptos derive their value from the legitimate, government backed currencies they can be exchanged for.

Wake me when an actual government decides to start it's own crypto.
 
2021-11-09 3:26:29 PM  

KB202: Some Bass Playing Guy: Maybe it's just me, but I want schools to make sure kids get taught life skills in addition to academic subjects.

If we take public ownership of increased automation over the coming decades, and start implementing UBI, we can extend school year length and total school years, adding a lot more basic life skills and math.

You know, as soon as Democrats stand up to Republicans on behalf of the 99%.


The 99% should probably start electing a lot more Democrats then
 
2021-11-09 3:27:15 PM  
I don't think cryptocurrency needs to be taught.

But I do think that cryptography deserves a Grade 11 course in every high school. Public key, basic encryption, a history of ciphers and cryptography around the world, banking and data security... A crash course for high school students based on learning vocabulary and applications.

And weekly puzzles, that encourage the students to also look at cryptography as games. No need to to make them super hard. They just need to encourage thinking about encryption as a life skill in the 21st century. I would love to help design a high school course for that.
 
2021-11-09 3:27:25 PM  
Fark user imageView Full Size


Fark user imageView Full Size


Fark user imageView Full Size
 
2021-11-09 3:27:41 PM  

137 Is An Excellent Time: Nothing like watching $100B of wealth evaporate so ya'll can get your hands on $15B of Elon's money ...


LOL

Oh my god, cry me a f*cking river. It's 1 trillion in fantasy "valuation".

He's not going to let you suck his dick.
 
2021-11-09 3:28:33 PM  

qorkfiend: KB202: Some Bass Playing Guy: Maybe it's just me, but I want schools to make sure kids get taught life skills in addition to academic subjects.

If we take public ownership of increased automation over the coming decades, and start implementing UBI, we can extend school year length and total school years, adding a lot more basic life skills and math.

You know, as soon as Democrats stand up to Republicans on behalf of the 99%.

The 99% should probably start electing a lot more Democrats then


Fark user imageView Full Size
 
2021-11-09 3:28:35 PM  
you know, there is a technology component to crypto
 
2021-11-09 3:28:36 PM  
This is what you chose, you idiotic assholes.
 
2021-11-09 3:29:16 PM  
That's stupid.

Cover it in a finance or economics class for upper classmen in high school for a week or two. Otherwise, no.

dnrtfa
 
2021-11-09 3:30:02 PM  
Every time Adams shares his derptacular education insights I feel like Bette Davis is saying this on the stairwell of my internal dialogue.

eyeforthescreen.files.wordpress.comView Full Size
 
2021-11-09 3:30:05 PM  
Are these pro-crypto politicians being paid by them? Are they investing money and trying to get others into it?

Feels like there is some conflict of interest going on.
 
2021-11-09 3:30:12 PM  
They should teach this in schools, and call it Crypto Regulations Theory.
 
2021-11-09 3:30:32 PM  
media1.giphy.comView Full Size
 
2021-11-09 3:30:54 PM  
Everything crypto claims you will some day be able to do with it, Paypal/Venmo already does, securely, fast, and cheap.
 
2021-11-09 3:31:05 PM  

NewportBarGuy: 137 Is An Excellent Time: Nothing like watching $100B of wealth evaporate so ya'll can get your hands on $15B of Elon's money ...

LOL

Oh my god, cry me a f*cking river. It's 1 trillion in fantasy "valuation".

He's not going to let you suck his dick.


Soooo, Elon and Bezos and Zuckerborg can just drop off a voucher stating the majority of their wealth that Democrats want to tax is just a "fantasy" to the IRS? Will that satisfy the Democrats?

Your plan ... you may want to rethink it.
 
2021-11-09 3:32:34 PM  

urlnotfound: Everything crypto claims you will some day be able to do with it, Paypal/Venmo already does, securely, fast, and cheap.


I believe just a few months ago, the talent on OnlyFans found out the hard way when the banks decide their business model no longer complies with the bank's morality.
 
2021-11-09 3:32:56 PM  
How long have farkers been laughing at crypto investors, since the price of bitcoin was 3 dollars?
 
2021-11-09 3:33:16 PM  
In a perfect world we'd all have our own personal cryptocurrency. I'd go to the farmers market and pay produce with Bystander Francs and get change in Schrute Bucks. Everyone would print their own money and it's technically not counterfeiting since we'd all take each other's word that each unit of currency is backed by gold. Or nothing. That also works.

It couldn't be simpler. I foresee no problems.
 
2021-11-09 3:33:50 PM  
encrypted-tbn0.gstatic.comView Full Size


GOB approves.

/Mrs. SpocksEars and I are binge-watching AD.
//We'd never seen the show before.
///It's gotta be one of the funniest F-ing shows evar.
////yeah, I know, we're 20 years late
 
2021-11-09 3:34:42 PM  

urlnotfound: Everything crypto claims you will some day be able to do with it, Paypal/Venmo already does, securely, fast, and cheap.


"Ahh, but PayPal and Venmo and banks themselves won't allow you to transfer over $10,000 without fear of holds or review."

" Well yes, as part of regulations to prevent money laundering."

"See?! A vital use of crypto!"
 
Displayed 50 of 157 comments


Oldest | « | 1 | 2 | 3 | 4 | » | Newest | Show all


View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking




On Twitter


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.