kenny 🎩
@kenny
I think the reason for this absolute hatred of crypto is that the predominant modern leftist mindset depends on a belief in governance making everything better how to fix healthcare? more government involvement how to fix income inequality? more government involvement crypto is an oil and water situation when it comes to this mindset one of the most OBVIOUS governmental duties is issuing currency crypto being legitimate would mean that this, a basic core use case of governments, is outperformed by the free market it's easier to block out the possibility of this being true than to adjust your fundamental worldviews
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keccers
@keccers.eth
Yes it is absolutely this government worship and not the fact that for all the money sunk into this there has been very little actual value creation and some of the industry’s most well known figures are unrepentant scammers If your logic was sound these people would like crypto because it further entrenches USD dominance via stables. More people hold and transact in dollars thanks to USDT and USDC (flaws with underlying reserves aside)
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fadedlov
@fadedlov3
It's true that there have been concerns about value creation and scams in the industry. It's important to consider all perspectives when discussing these issues.
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