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Crypto has never posed a credible threat to any aspect of the establishment, and it never will. Need proof? You don't have to go through an arduous screening pr
by forgetfreeman 2y ago
Crypto has never posed a credible threat to any aspect of the establishment, and it never will. Need proof? You don't have to go through an arduous screening process to acquire and deploy compute. The finance industry saw a pool of dumb money forming and predictably decided they'd like a slice of the action.
- cbozeman 2y ago> an arduous screening process to acquire and deploy compute That right there is more unlikely than crypto becoming a credible threat to the banking establishment. If you want to see a lot of dead bodies of rich people in the street, tell the rest of the world they can't have their smartphone and laptop and Xbox and Playstation. That's a great way to get yourself killed.
- forgetfreeman 2y agolol what
- JumpCrisscross 2y ago> there is more unlikely than crypto becoming a credible threat to the banking establishment Follow the money: Wall Street loves and lobbies for crypto.