As the U.S. government takes big steps to usher cryptocurrency into mainstream finance, one of the world’s biggest crypto exchanges is urging the Canadian government to match and exceed those efforts, even as concerns mount.
Don’t worry about the downvotes bro. Lemmy has a knee jerk aversion to crypto, even though the ideals of the fediverse and the ideals of crypto are very much aligned
Totally hear you — crypto isn’t perfect, and yeah, hoarding happens just like in any system. But that’s more a human problem than a crypto one.
Crypto is a tool, and how it is used is what matters. It can be used to speculate on ridiculous monkey JPEGs, or scam people or it can be used to send money across borders without middlemen, resist censorship, and invest without being subject to the big banks.
It’s not a silver bullet, but it does open up new possibilities that the current system just doesn’t.
Don’t worry about the downvotes bro. Lemmy has a knee jerk aversion to crypto, even though the ideals of the fediverse and the ideals of crypto are very much aligned
Ideals and reality are vastly different things.
Much like the the american dream, capitalism, etc, no matter the system, if people are able to hoard wealth, they hoard power.
Crypto does nothing to change anything except make hoarding easier since the supply is finite.
Crypto is not anonymous.(no matter how hard you believe) Crypto is not about your freedom. Crypto is not going to make the world a better place.
Totally hear you — crypto isn’t perfect, and yeah, hoarding happens just like in any system. But that’s more a human problem than a crypto one.
Crypto is a tool, and how it is used is what matters. It can be used to speculate on ridiculous monkey JPEGs, or scam people or it can be used to send money across borders without middlemen, resist censorship, and invest without being subject to the big banks.
It’s not a silver bullet, but it does open up new possibilities that the current system just doesn’t.