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A few libertarians wanted to free humans from greedy banks and govts. But suddenly they have discovered that banks and govts are a feature, not a problem. Fully
by Yizahi 2y ago
A few libertarians wanted to free humans from greedy banks and govts. But suddenly they have discovered that banks and govts are a feature, not a problem. Fully trustless society is a hellish dystopia, of the likes portrayed in the sci-fi books. And systems with at least some amount of trust function better if the trusted entity is government or at least some known person, and not come criminal sitting in the non-extradition offshore operating token network from a single laptop with zero oversight and zero restrictions.
PS: but cudos where they are due - at least Monero folks have a clear purpose, a clear vision and they are executing according to it. Unlike slimy gamblers from BTC and other tokens, who all pivoted to scams and frauds and completely abandoned any notion of the original whitepaper about decentralized private currency.