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> What is the vested interest in a country like the US allowing crypto There is a reason US is called "leader of the free world", and why "freedom" is such an
by 21 8y ago
> What is the vested interest in a country like the US allowing crypto
There is a reason US is called "leader of the free world", and why "freedom" is such an used word.
And we are way away from crypto replacing anything.
- dclowd9901 8y agoFor its part, the US doesn't seem to have an interest in actual freedom, but rather, "freedom under the confines of what the US wants." If the US loses control of its currency, it loses control over things like, for instance, the 2008 market meltdown. I don't see the US willingly waving its hands during a scenario like that, saying "Welp, sorry, can't do anything about this, it's all crypto now." > And we are way away from crypto replacing anything. Unless there's a way for the US (or any respective region with a currency) to dig its population out of these catastrophes, it seems like we are infinity away from crypto replacing anything.