4 ms·
>people on HN hate on cryptocurrencies for no good reason. Traditional bankers have spent an incredible amount of time and taken huge political risks to gain h
by goodSteveramos 4y ago
>people on HN hate on cryptocurrencies for no good reason.
Traditional bankers have spent an incredible amount of time and taken huge political risks to gain hold over the US money supply. They and people in the wall street sphere have a very good reason to hate on crypto, they just dont have any convincing arguments for people like us who dont want them controlling the money supply.
- solardev 4y agoCrypto doesn't need Wall Street types to give it a bad name. It does that just fine on its own...
- goodSteveramos 4y ago> In the summer of 2013, Bankman-Fried began working at Jane Street Capital, a proprietary trading firm,[2] trading international ETFs. Somehow Satoshi and Andreessen managed to not start a ponzi scheme and this guy did. Still waiting for your argument on why the big 7 wall street banks should be involved in the money supply instead of democratically elected leaders, which was my primary point.
- solardev 4y ago> Still waiting for your argument on why the big 7 wall street banks should be involved in the money supply instead of democratically elected leaders, which was my primary point. Are you replying to the right post? I don't see any mention of that
- zen21 4y agoSatoshi didn’t start a literal Ponzi scheme. It’s known as a greater fool scam.