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I think the argument would be that the internet, while enabling bad things, is a net-positive with its good outweighing its bad. Whereas the value provided by c

• cinquemb 5y ago
  > Whereas the value provided by cryptocurrencies is not as clear. The problem is that there's a large group of people who don't rely upon it at all, and there's people on the fringes that where using crypto enables non speculative economic activity where the banking sector has ignored/hands tied for too long; and by design, people in the former group can do increasingly very little against those in the latter. The people saying "convince me" don't matter to those already using it, whereas in the case of ransom w/ crypto, the opposite is becoming more and more true… People expecting various conflicting laws/jurisdictions globally to catch up to this at scale are going to have a tough time. The moral hazards deeply embedded in our centralized nation state based monetary systems (and the assumptions built off of them) are once again having to compete with private money in new forms.
• hermes19 5y ago
  I live in a region where electronic cigarettes can't be purchased through the internet. Local shops can sell them, and do at a 100%-150% markup. fasttech.com will sell me products at msrp, but recently payment processors stopped allowing them to sell to me if my order contained electronic cigarette components (heaters, coils, resisters, batteries, etc). I was very pleased to discover they accept BTC and ETH as payment options.
  • Grim-444 5y ago
    You're comparing the benefits the internet provides to society with an example of being able to buy e-cigarettes slightly cheaper?