> You make some great points. I am sad to hear that. I was mocking the crypto attempts to legitimise their business proporisiton. All of them have failed, beca

> You make some great points. I am sad to hear that. I was mocking the crypto attempts to legitimise their business proporisiton. All of them have failed, because fundamentally their product does not solve any real problem and once it interacts with the real world it has the same problems as those industries have. Essentially crypto is like most libertarian communities, they eventually end up inventing regulations, governance and many of the same systems that we currently have, but only after fucking up themselves. > Even capturing a fraction of a fraction of those would be a massive. The risk of fraud outstrips any of the advantages, also the risk of lack of regulation on the financial system has brought us great hits like the 2008 banking crisis. Giving VC access to anyone based on crypto is gonna be a gold rush of fraud, To the Moon tm slogans and other nonsense that will bankrupt as many people as possible before imploding.