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Unfortunately, the US politicians are largely incompetent in technology and currently have market holdings across a lot of different sources (possibly including
by 0x500x79 5y ago
Unfortunately, the US politicians are largely incompetent in technology and currently have market holdings across a lot of different sources (possibly including Bitcoin). So the question becomes: Will the politicians let it fail, or will there be a bailout/support purely on economical reasons.
We can't look at Bitcoin as a purely economical issue. There are a lot of facets that need to be understood.
DeFi COULD be useful for people in under-developed or generally economically limited countries but I believe that the implementation needs to go back to phase-0 and solve many of the speculative issues that are inherent in DeFi today.
- bluetwo 5y agoYou don't need them to understand it. You need them to repeat the right words after donating to their campaign. That's how everything works. So you would be against crypto getting bailed out by the government?