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While the vast majority of today's anti-crypto articles are generally accurate, always bet against articles like this, in favor of first principles. "Anonymous
by jrm4 4y ago
While the vast majority of today's anti-crypto articles are generally accurate, always bet against articles like this, in favor of first principles.
"Anonymous-ish cash, but on the internet" is a very attractive proposition. I'd also add to that "Locking up your money to get more money later" is as well. So much so that I'd strongly bet in favor of "people figure out how to make it more efficient, safer, and less destructive" against "It's just going to fail and go away."
- polygamous_bat 4y ago> Locking up your money to get more money later Yes, there is a very simple way of offering that. Unfortunately it's currently illegal to do so in most places outside of crypto, where all of a sudden it becomes kosher as long as you can keep it wrapped in enough technobabble.
- jrm4 4y agoI mean, yes, this describes "ponzi," but also nearly literally all "investment." One may not like "Capitalism," I suppose, but yeah.