Re:Three Arrows Capital co-founder Zhu arrested in Singapore...
by tkz1312 on Friday September 29, 2023 @04:57PM
(#37710000)
visa very clearly much more users who transact much lower amounts than stablecoins, I never claimed otherwise.
The fact remains that substantial amounts of people are using crypto rails to move very economically significant sums of money.
The fact that something can be used by bad people does not make the thing itself bad. Very similar arguments are often levelled at tools like Tor or Signal, but very few of the hacker news crowd see those viewpoints as valid.
Uncensorable and private digital cash is important in the same way that uncensorable and private digital communications are.
The fact remains that substantial amounts of people are using crypto rails to move very economically significant sums of money.
The fact that something can be used by bad people does not make the thing itself bad. Very similar arguments are often levelled at tools like Tor or Signal, but very few of the hacker news crowd see those viewpoints as valid.
Uncensorable and private digital cash is important in the same way that uncensorable and private digital communications are.