2 ms·
Yes, that particular number has gone up. I am not arguing that. It is more difficult to quantify how crypto is affecting people's lives overall. I know some p
by otikik 4y ago
Yes, that particular number has gone up. I am not arguing that.
It is more difficult to quantify how crypto is affecting people's lives overall.
I know some people who invested in crypto and "now their savings are worth 2/3rd of what they were worth before". There's also the fact that a lot of crypto is used to money launder or evading taxes. It's difficult to know exactly how many people were negatively affected by this, and that is one of the criticisms.
Also let's not forget that one of the tenets of crypto, especially on the more shady rug pulls, has always been excessive complexity - making things difficult to estimate or quantify is a feature.
You call it "aesthetic sensibilities". I call it "selective number picking".