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"Crypto’s detractors have long argued that it is useless—unless you are a money-launderer or con-artist—and predicted its demise." What a piece of opinion. So
by Nekorosu 4y ago
"Crypto’s detractors have long argued that it is useless—unless you are a money-launderer or con-artist—and predicted its demise."
What a piece of opinion. So not overgeneralizing and down to earth.
- Scarblac 4y agoTotally fails to mention other uses, like ransomware payments.
- bigbizisverywyz 4y agoThe article then goes on to say: >In fact the picture is rather different: a sorting process is under way And talks more about the process of penalizing weaker crypto assets, focusing on Tether. So it's actually a balanced and interesting overview of the fallout of the current selloff on what is now becoming a rather large and very complex market all of its own. I only mention this as your comment seems a bit dismissive based on that one sentence.
- Nekorosu 4y agoThanks for bringing this up! The good stuff you've mentioned is behind the paywall for me and the intro I can read does look non-balanced.
- zahma 4y agoThere are always archive links. It’s a good idea to read the whole article before condemning it. https://archive.ph/4x3je https://archive.ph/4x3je > “… The trouble is that a draconian crackdown would put at risk the benefits that crypto eventually promises, including new financial products that bypass stodgy banks; innovations in property rights; and the possibility of a less centralised financial system.”
- sateesh 4y agoBit OT, a further good idea will be to buy the subscription and support good journalism. I am not being flippant, I believe good journalism needs support.
- capableweb 4y agoHow can one make the judgement that the journalism is good when one cannot read the articles as they are behind paywalls?
- sateesh 4y agoIIRC they offer some trial subscription where you can register and read a few articles for free in a month or so. Also articles from "The Economist" are frequently posted in HN and often comments have non-paywalled links. Reading through them probably help you to judge whether it is good journalism or not.