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I hope it is but I suspect it won't be. The bottom line is that the benefits of crypto have been exaggerated by people who, in may cases, don't have everyone's
by davewritescode 4y ago
I hope it is but I suspect it won't be.
The bottom line is that the benefits of crypto have been exaggerated by people who, in may cases, don't have everyone's best interest at heart while the downsides have been vastly understated. It's particularly frustrating to hear people tout the ability to bypass the government when it fact that the most popular cryptocurrencies make it trivial for governments to track every transaction.
The reality that crypto evangelists never want to talk about is that to the average person, crypto is a MUCH worse experience than what they have today. Why would I buy something with crypto when my credit card offers me a ton of consumer protections? Especially if I'm buying something from an entity on the internet who may or may not be trustworthy.