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I don't know if this comparison was meant to make crypto look better, but it really doesn't. The original pitch of crypto was to revolutionize global finance an
by rurp 2y ago
I don't know if this comparison was meant to make crypto look better, but it really doesn't. The original pitch of crypto was to revolutionize global finance and replace it with something better. It seems the pitch has now devolved down to, "The current system, but less mature", which is about as unexciting as a technology pitch can get.
- nwah1 2y agoAnd that's the optimistic take.
- nwiswell 2y agoI think it's important to separate "crypto, the technology" from "crypto, the financial system". But, yes, I agree. It's not good for the original value proposition, but I'm not sure that's relevant anymore -- does anybody really buy crypto in order to use it in the real economy (drugs aside)?