4 ms·

I didn't realise the feature set of crypto currencies had superceeded that of banking systems.

• 39 4y ago
  Why would it need to?
• svachalek 4y ago
  Banking systems need on average 10-15 years to crumble under the weight of their own corruption. Crypto can do it in 4, which seems like a fairly dramatic improvement in efficiency.
  • codehalo 4y ago
    In the case of crypto, you might be confusing crumbling with weeding out. The long lived scams from traditional finance have a shorter shelf life there.
    • lordfrito 4y ago
      Wait... failing quickly (and more often) is a good thing?? This is the future of finance? Move fast and break things, indeed. I'll take long term stability. At least the customers/depositors in SVB are being made whole. Investors are screwed. Crypto is pretty much the opposite, just a bunch of rugpulls and missing money, customers screwed
  • throwawayapples 4y ago
    Took me a second, but rofl -- comment of the day (even if I disagree)