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> > and the political structure that keeps it in use? > 1. False equivalence It's additionally a false equivalence because those political structures also kee
by tome 6y ago
> > and the political structure that keeps it in use?
> 1. False equivalence
It's additionally a false equivalence because those political structures also keep in place the things you want to buy with bitcoin, such as shops, factories, and things you produce bitcoin with, such as power stations and computers.
- MrMan 6y agoAnd indeed all those structures provide the support system for crypto itself. It is not outside the existing system. The rhetoric makes it seem like an independent and autonomous system but it is part of the existing technical and financial system. It will not replace the rest of the system, evidenced by recent cooptation by Visa and PayPal, the creation of exchanges, taxation and KYC rules. The real world exists and crypto is not an escape.