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Indeed, never seen so many people on HN be so reactionary and emotional about a simple technology. The demographics of the crowd: wealthy, living in the most
by MathYouF 5y ago
Indeed, never seen so many people on HN be so reactionary and emotional about a simple technology.
The demographics of the crowd:
wealthy, living in the most stable country in history, with access to digital forms of banking worldwide, ability to emigrate wherever they'd like, able to transfer money as they see fit, and holding their savings in the global reserve currency for a country which they're a citizen of.
Doesn't help many empathise with why many people around the world can't trust their governments centrap bank, or open a bank account elsewhere, or convert their savings to a stable currency and assume it won't be seized or banned locally.
It's best to just build cryotocurrency and not bother explaining to Americans who aren't willing to listen why it's necessary.
It's like explaining public transportation to people at a country club.
- cinquemb 5y ago> It's best to just build cryotocurrency and not bother explaining to Americans who aren't willing to listen why it's necessary. > It's like explaining public transportation to people at a country club. That's a good way to put it, and that's me saying that as some one who left the US 6 years ago, worked in finance as a dev (consumer and derivatives markets, emerging/developing and developed) and actively helping to build defi protocols and blockchain research/development.