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Cryptocurrency's original selling points were: 0)Freedom from central bank hegemony 1)Decentralized infrastructure beyond the reach of regulators Coinbase is
by aww_dang 4y ago
Cryptocurrency's original selling points were:
0)Freedom from central bank hegemony
1)Decentralized infrastructure beyond the reach of regulators
Coinbase is something of a collaborationist in this regard. They created a centralized platform and got in bed with US regulators. They've asked repeatedly for, "reasonable regulation".
Reasonable people can disagree about these issues. I know many here are die hard cryptocurrency haters. However, there's no room for synthesis between the original premises of the cryptocurrency movement and "reasonable regulation".
If regulators are not attacking cryptocurrency, is it really living up to the original ideals?
- TimJRobinson 4y agoMost people in crypto aren't worried about crypto dying, they're worried the USA is shooting themselves in the foot and missing out on a huge new industry because of incompetence.
- deleted 4y ago[deleted]