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Sure. Because most of it is scams. And because I don’t think there is a status quo that needs disrupting. I find the idea of widespread anonymity in the larger economy downright scary. I can’t see anything that is interesting, cool or necessary that needs it.

I also fail to think any of the tech built on/with crypto (and blockchains in general) is even vaguely cool or exciting. I don’t think expensive apes are an abberation in an otherwise promising field, I’m convinced it’s just apes and scams all the way down. Artificial scarcity, pyramid schemes, pump and dump. Whether it’s coins or apes it’s the same thing.

The promise (or threat, if you see it from my POV) of actual widespread use in society to challenge traditional systems and industries like credit card companies is perpetually just over the horizon. And as soon as it really does have an impact it’s obviously going to be outlawed.



Are USDs not artificially scarce? If not for law enforcement, anyone could print their own.

Then there are the MMT people, who seem to believe that money can be printed by the state in any amount, without consequence.




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