News for hackers. Stuff that matters.

A comment on Ask HN: Does Anyone else working in a crypto company feel this is all a scam?. Parent comment

Re:Ask HN: Does Anyone else working in a crypto company feel... by shigawire on Wednesday February 09, 2022 @12:14AM (#30269120)
The counter point (whether you believe it or not) is that the existing financial system also has benefits over any other political/economic system of resource distribution.

Crypto doesn't have that upside at this time I don't think.

[ Parent | on HN ]
Re:Ask HN: Does Anyone else working in a crypto company feel... by randomhodler84 on Wednesday February 09, 2022 @12:35AM (#30269263)
It does. The traditional system reinforces systemic biases. Trustless systems don’t care about system biases. Peer to peer systems route around this.

It was always about empowering the individual.

[ Parent | on HN ]