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I don't understand why people talk about crypto with such venom in their tone. Yes there are scams but there is legitimately interesting innovation happening to
by serverholic 5y ago
I don't understand why people talk about crypto with such venom in their tone. Yes there are scams but there is legitimately interesting innovation happening too.
Interesting mathematic, economic, and computer science ideas are being explored and tested. In the future it may be possible to have a global financial system where the users are in control of their own funds. Isn't that something worth exploring?
- malermeister 5y ago"The users are in control of their own funds" just means "Jeff Bezos owns everything with no viable way to get it back". State control of funds is the only thing that can bring us back from the brink of neofeudalism. The venom is against the people trying to accelerate our decline by taking that away.
- deputydoofy 5y agoAh yes, The State will certainly save us from neofeudalism, all hail The State, it will solve all problems and absolve us of innovation or independent thought.
- serverholic 5y agoThe state is there to enforce corporate interests. Competition is what these companies are afraid of.
- malermeister 5y agoThat's just the current form the state is taking in the US. As a counterexample, there was a lot you could accuse the USSR of, but enforcing corporate interests was not one of them.
- serverholic 5y agoIn that case just replace "corporate interests" with "the interests of powerful elites" in my statement.
- godelski 5y agoI think people have a hard time disconnecting the two. It's new technology and clearly a wild west. I mean it really hasn't been around for long. Yeah there's a lot to be critical of. But that doesn't mean there aren't interesting aspects.