Murtaza Hussain
@mazmhussain
This is an issue that I’ve grappled with for years and have written about (https://mazmhussain.substack.com/p/what-bitcoin-and-crypto-are-for). I’ve tried convincing more left-leaning people about the possibility of crypto but come up against much opposition. This opposition has been built on a belief that crypto is simply a scam that utilizes effective storytelling to inflate hyper-speculative assets. After years, I’ve stopped trying to convince people. This is because I’ve come closer to their perspective and developed a more negative view of the crypto world. This is not about the technology, which is neutral and can still have uses, but about the broader “crypto industry” which really is overrun with scamming and abhorrent behavior. I wrote about my evolving views here after years of observing this industry (https://paragraph.xyz/@unmediatedthoughts/casino-killed-the-computer-star?referrer=0x2503b70933119084c26df4c8d3e96d282de10743). I still have some hope which is why I keep an open mind.
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Rando
@chasing-pointers
I've been thru this before. While a small number of critics have valid, considerate concerns, most either are just curmudgeons or are simply parroting partisan rancor. The tech will prevail because it is economically useful and bears productive utility. Opposition is just transitory and is ultimately futile, same as with every prior paradigm shifting tech. It's hard to see right now due to Fauxahontas Warren having smeared partisan offal over us all.
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Murtaza Hussain
@mazmhussain
There seems to be a mismatch with current realized utility and market capitalization. Once that balances out it should be smoother sailing ahead.
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