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This is why “it’s just like cash but better, and humanity has been using cash for centuries” is not a valid argument for adoption of cryptocurrencies. Cash has
by strogonoff 6y ago
This is why “it’s just like cash but better, and humanity has been using cash for centuries” is not a valid argument for adoption of cryptocurrencies. Cash has fundamental scale-limiting properties; cash without those properties is a qualitatively different beast for which there’s no precedent in humanity’s history. The above argument actively conceals the sheer scope of unknown unknowns.