Re:Blockchain Is Dangerous Nonsense
by pm90 on Thursday April 28, 2022 @06:13AM
(#31190762)
At no point will people deliberately give up consumer protections they have today. If an economy is undergoing extreme hyperinflation, the consumer protections would have likely already been gone at that point.
[ Parent
| on HN ]
What does it matter if people "give up the protections" or if they disappear? The result could still be that they flock to crypto, which is what we're discussing.
But it's not a binary question. Some people are already "giving up consumer protections" in some cases. And not just by buying crypto. Ordering stuff from Wish is also a gamble.