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You absolutely nailed that argument. If someone reads it and is not convinced, they're not thinking straight. Cryptocurrencies are a symptom of people's intens
by jondubois 9y ago
You absolutely nailed that argument. If someone reads it and is not convinced, they're not thinking straight.
Cryptocurrencies are a symptom of people's intense distrust of governments and the corporations which lobby them. People are voting with their money. It's not the most efficient solution, but it's a desperately needed one.
- Jabanga 9y agoFeedback like this is much appreciated. The logic I'm presenting seems compelling to me, but I can only be confident of that when I get outside confirmation. And I agree: if traditional financial businesses and activities, that rely on trusted intermediaries, weren't so heavily restricted by governments, significantly fewer people would need to pay the high decentralization premium and use cryptocurrency.