3 ms·
> which isn't replicating an existing financial instrument [available to the developed world] while trying to avoid the eyes of the [benevolent] state Not ever
by bko 5y ago
> which isn't replicating an existing financial instrument [available to the developed world] while trying to avoid the eyes of the [benevolent] state
Not everyone has access to Venmo or free checking accounts. And not every behavior the state is trying to restrict is nefarious.
- afavour 5y agoSure, and if “web3” was sold as “banking for those who cannot use normal banking” and “worthy transactions you want to hide from the state” then I think a lot fewer people would have a negative perception of it. But it isn’t.
- MarkPNeyer 5y agoWho is doing the selling? Since nobody is in charge you should expect most sellers to be full of nonsense and misinformed. That’s the nature of any decentralized movement - especially one as directly antagonistic to the status quo.
- zepto 5y agoEven fewer people have access to cryptocurrency wallets and exchanges than have access to Venmo and it’s international equivalents.