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I think most crypto-supporters overestimate how much of a police state modern banking is, and underestimate how much of a wild west the current crypto ecosystem
by leokennis 5y ago
I think most crypto-supporters overestimate how much of a police state modern banking is, and underestimate how much of a wild west the current crypto ecosystem is.
They’re willing to trade a system with reasonable and democratic oversight for a “free for all” shark infested pool that will rip from their hands their retirement fund just before they mean to retire.
- jollybean 5y agoThis is a thoughtful comment. I wonder how much central banks and treasuries could do to engage people on what they actually do. It's still ripe for disruption on some level, but still, people have no idea I think.
- nightski 5y agoIt's not thoughtful, it is hyperbolic. That's not what is going on here and this is not crypto in general. These are smart contracts which the vast majority of crypto users have no involvement in.