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Devin Baker
@devinbaker.eth
Had a conversation with a hedge fund manager earlier His biggest reason for crypto skepticism (esp. the macro thesis): Since crypto is going after “money,” the biggest risk is sovereign states banning it And the more successful crypto is, the more likely it is to be banned What are your best counter-arguments?
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Nate Maddrey
@nmadd
Bitcoin and Ethereum have both reached escape velocity. They won’t be able to fully ban it at this point. And crypto is truly cross-border, you’d need multiple major world powers to agree to the ban. So the only real move is to embrace it before others do
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