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I had a few different moments, since I was always very skeptical of crypto. However being pitched crypto by an old bartender in Stuttgart was probably the most
by nicbou 4y ago
I had a few different moments, since I was always very skeptical of crypto.
However being pitched crypto by an old bartender in Stuttgart was probably the most obvious one.
Generally, crypto was not promoted to me by people who would understand either computer science or economics.
- boc 4y agoNot to be flippant, but nobody who I've heard promote crypto has any real, deep training in economics. Computer science yes, totally, but not econ. There are obvious problems with the entire concept of decentralized money if you've studied economic/financial history. We already experienced it back in the 19th Century and it's following pretty much the same pattern. Wildcat banks, frontrunning, wash trading, bank runs, and much more. Some brilliant computer scientists created crypto and Dunning-Kruger'ed themselves into thinking that they were also experts in finance.