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At this point "Cryptocurrencies" are only a small, even substantial part of the "Crypto Industry". The moment general population became aware of "bitcoin" as "
by emilsedgh 4y ago
At this point "Cryptocurrencies" are only a small, even substantial part of the "Crypto Industry".
The moment general population became aware of "bitcoin" as "something you can buy that'll get more expensive", the whole technology and ideals behind it were overshadowed by speculative investors.
- RjQoLCOSwiIKfpm 4y agoSure, but then don't call it "crypto" industry if it is not about cryptocurrencies. I don't care what you call it, calling the centralized Binance exchange "crypto" is just not accurate. They don't deserve to co-opt the word.
- danaris 4y agoJust because it is centralized, and thus does not follow one of the purported principles of some cryptocurrency enthusiasts, does not mean that it is not both correct and useful to call it part of that industry.
- EFreethought 4y agoAlso: A lot of cryptocurrency enthusiasts (although not all) want and have wanted cryptocurrency to get broader adoption and acceptance. Exchanges are how that is going to happen. If it does happen. Looking for hard drives in the trash does not scale.
- r_hoods_ghost 4y agoUmm, you do realize that the purveyors of decentralized Ponzi schemes co-opted the word "crypto" from us serious minded folks concerned with cryptography?
- RjQoLCOSwiIKfpm 4y agoYes that sucks - which is why I had used the full word "cryptocurrency" in the non-quote parts of my replies :)
- deleted 4y ago[deleted]