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I'm having a great laugh every time I hear about crypto-stuff goofs. Who thought an amazing new P2P invention would improve the image of normal money and tradi
by jokoon 5y ago
I'm having a great laugh every time I hear about crypto-stuff goofs.
Who thought an amazing new P2P invention would improve the image of normal money and traditional banks?
- exo762 5y ago> Who thought an amazing new P2P invention would improve the image of normal money and traditional banks? Shady stuff that happens in the banking system usually happens behind the closed doors and we don't hear about it for years, if ever. Crypto/DeFi is new and exciting - it gets a lot of attention from press. It is still way easier for me to trust code than to trust people. Call it a character trait / flaw if you want.
- NicoJuicy 5y agoCan't really hide lost funds worth 600 million $ because of a hack. "Exciting" or not.
- whitepaint 5y agoRome was not built in a day. Examples of 2008, GME fiasco, and many other display a clear and obvious need for decentralized finance.
- thehappypm 5y agoIn my opinion, 2008, GME, and many other gaffes really show we need more regulation -- not less!
- dqpb 5y agoMocking inventors for the challenges they cross along the way tends to not age well.