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Re:FTX to file for U.S. bankruptcy, CEO resigns by killerstorm on Friday November 11, 2022 @02:49PM (#33565850)
People can move from one country to another.

The majority of people on Earth live in countries which are considered corrupt & incompetent and have regular bank crashes. It would be a good thing if we remove control of money from corrupt governments.

Re:FTX to file for U.S. bankruptcy, CEO resigns by louwrentius on Friday November 11, 2022 @05:38PM (#33567815)
As if that’s really working. Food is still paid in local currency and exchanges can be controlled by the government.

It’s not worth boiling the oceans for.

But even so, crypto was never really about the poor and unfortunate.

Crypto is about pure greed. Money. Tax evasion. Don’t tell waffle stories about people in other countries please. It was never about them. Be at least honest.

Re:FTX to file for U.S. bankruptcy, CEO resigns by zeroclip on Friday November 11, 2022 @06:16PM (#33568110)
Crypto is about a lot of things. A new asset class appears and people will assign different stories to it. Totally possible that blockchain tech is used for payment infra in future.

Ethereum and PoS is no longer energy intensive.