[HN Gopher] Why I'm Less Than Infinitely Hostile to Cryptocurrency
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Why I'm Less Than Infinitely Hostile to Cryptocurrency
Author : jger15
Score : 25 points
Date : 2022-12-08 22:15 UTC (45 minutes ago)
(HTM) web link (astralcodexten.substack.com)
(TXT) w3m dump (astralcodexten.substack.com)
| Regnore wrote:
| > Of course a technology centered around avoiding governance and
| banking failures will be centered in the countries with the most
| governance and banking failures!
|
| The issue that I have with this perspective is that it doesn't
| actually solve the underlying problem - it just kicks it down the
| road. As soon as crypto becomes big in a country with failed
| governments and banks, it's going to become the primary target of
| those same governments and banks.
| RadixDLT wrote:
| because you missed the window of opportunity???
| bicijay wrote:
| Thank you for adding so much on the discussion!
| pr337h4m wrote:
| Crypto's only real use case is economic freedom. Everything else
| is just garnishing.
| pr337h4m wrote:
| In both senses: "food that is added to a plate for decoration,"
| as well as "material applied to an object to achieve or assist
| camouflage."
|
| https://www.thefreedictionary.com/garnishing
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(page generated 2022-12-08 23:01 UTC)