> Money only works if you believe it will still work tomorrow. Yeah. When crypto goes down, it'll be epic. > If govs are good, then crypto degenerates to just

> Money only works if you believe it will still work tomorrow. Yeah. When crypto goes down, it'll be epic. > If govs are good, then crypto degenerates to just a slower system for transactions. That's how I see crypto: an inefficient and ill-regulated substitute for money, though suitable for crime. If governments turn bad, stable money is just one tiny part of the problem.