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> Sadly, the "crypto space" was quickly invaded by hordes of people who never really cared about the technology itself, how it works and what it's actually usef
by subroutine 4y ago
> Sadly, the "crypto space" was quickly invaded by hordes of people who never really cared about the technology itself, how it works and what it's actually useful for.
If having a solid understanding of the tech underlying crypto is a prereq of any sort, it will never reach mass adoption. Personally idgaf what fiat we choose or tech underlying my debit transactions, so long as the value is reasonably stable, my account reasonably secure, and my form of payment is accepted by almost all merchants.
- once_inc 4y agoUnfortunately, the world tends to dish out black swan events that invalidate your assumptions of what is reasonable. Canadian truckers, Argentinian hyperinflation, Sri Lankan federal deficits, Turkish central banking mismanagement, Russian expansionist delusions... the list goes on and on. Sure, the dollar is reasonably stable. The problem is that the global financial system is deeply flawed in its fundamental properties. Bitcoin is a hedge against inflation, financial meltdowns, geo-spatial catastrophy, and more.
- subroutine 4y agoI didnt say I was specifically opposed to Bitcoin. However, until it meets my prereqs, I have little use for it.