Re:Regulating Crypto: How we move forward as an industry fro...
by JofArnold on Wednesday December 21, 2022 @01:21PM
(#34084346)
I've been in crypto a long time. I chose specifically Venezuela as I know that is a good case of Bitcoin not achieving its objectives and was called out specifically as an example of it supposedly being successful. And I very much stand by this and my related points.
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Re:Regulating Crypto: How we move forward as an industry fro...
by RestlessMind on Wednesday December 21, 2022 @02:05PM
(#34084898)
> And I very much stand by this and my related points.
You say - "If the country gets its act together...". I think crypto will get its act together and get around the adoption blockers before despot regimes of the world get their act together. Just a gut feeling based on our history so far. I also agree that there will be multiple crypto scams along the way. Such is the allure of the new tech.
Re:Regulating Crypto: How we move forward as an industry fro...
by RestlessMind on Wednesday December 21, 2022 @05:19PM
(#34087162)
Since I cannot edit my other reply to this comment anymore, here is one more counterpoint: Nigeria is 11th in terms of Crypto adoption [1] while its government is hostile to Crypto [2]. A great example of how Crypto can help ordinary people fight shitty regimes with unstable currencies.
[1] https://blog.chainalysis.com/reports/2022-global-crypto-adop...
[2] https://www.bloomberg.com/news/articles/2022-11-27/nigeria-s...