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Re:Out of control and rising: why Bitcoin has Nigeria’s gove... by wwweston on Saturday August 07, 2021 @02:31PM (#28100764)
Cryptocurrency is more likely to become a powerful tool to the rich and powerful with even less accountability than there is now than it is to become an incredible boon to the "average person." There's a difference between distributed and decentralized. Money and power can buy a lot of the distribution.

And what, exactly, do you think you're fighting?

Inflation or inflationary policies? Places to park money that are better than bits or gold have existed for a long time.

Surveillance? An indelible ledger has its downsides here.

Technology is more often a magnifier of existing human dynamics rather than a qualitative change. Especially one that seeks to replace existing tech. If you think it's going to produce a fundamental change, why is this different?

Re:Out of control and rising: why Bitcoin has Nigeria’s gove... by SantalBlush on Saturday August 07, 2021 @03:27PM (#28101153)
I think it's the new sales pitch for pyramid schemes: "Buy and hodl, and together we'll fight the machine!"

Well, we'll need a lot of help from the likes of Elon Musk and Jack Dorsey, but it's totally all about helping the little guy.

Re:Out of control and rising: why Bitcoin has Nigeria’s gove... by spiffydave on Saturday August 07, 2021 @03:31PM (#28101190)
Cool story bro!

If you don't agree that's fine. Don't buy. If other people buy and have a different opinion it doesn't hurt you at all.