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>the dollar, which is government-backed and sustains trillions in commerce every day. The dollar is imperfect, but it has widespread use, relative stability, an
by aww_dang 5y ago
>the dollar, which is government-backed and sustains trillions in commerce every day. The dollar is imperfect, but it has widespread use, relative stability, and a robust, if insufficient, regulatory structure. Your bank account is even insured by the federal government
>Perhaps, one day, the promised decentralized financial system—one that’s supposed to be liberated from the surveilling eye of the state and the harsh yoke of tyrannical central banks—will arrive.
I'm not sure if he was being sarcastic in the second passage. Does he genuinely want less statism, or is he just mocking proponents of cryptocurrency?
- airza 5y agoHe is being sarcastic.