3 ms·
Absolutely! Dont trust institutions is the message.
by fartcannon 4y ago
Absolutely! Dont trust institutions is the message.
- 8organicbits 4y agoI suppose that was an original message for Bitcoin, but the current state with various institutions serving in trust-based roles for so many users, Bitcoin doesn't seem to have met that goal. The users who out of practical concern are considering between trusting Citibank and Bitfinex, will benefit from chosing the one that's regulated.
- fartcannon 4y agoAt this point, I too would not recommend anyone put their life savings into crypto. Especially given the clearly powerful astroturfing campaign against it. But where can you put it? The banks are not trust worthy, they caused the financial crisis. Real estate, I guess. No wait, real estate being corrupt is what got bitcoin started in the first place.