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The inherent tension in the crypto space is that for early adopters crypto is the best thing imaginable: figuratively winning enormous sums with little to no ef
by Bakary 6y ago
The inherent tension in the crypto space is that for early adopters crypto is the best thing imaginable: figuratively winning enormous sums with little to no effort. For anyone else, it is not only a generator of envy and bitterness but a burden on energy production, GPUs and whatnot.
The ideological aspect of crypto as a defense against the big bad system is dead in the water since early adopters are so massively powerful within the hypothetical new system, and nobody really wants to use it as a currency as opposed to a pyramid scheme.