Re:SEC has not approved Bitcoin ETFs [fixed]
by dnissley on Tuesday January 09, 2024 @07:21PM
(#38934377)
> What makes you think that the kids of tomorrow are going to give a damn about today's notions of what's valuable?
I mean, on a long enough time scale, they won't :) Same with USD, other currencies, or any given stock or bond. There are no guarantees. That applies doubly to crypto assets.
Re:SEC has not approved Bitcoin ETFs [fixed]
by barnabee on Thursday January 11, 2024 @06:43AM
(#38950942)
> What makes you think that the kids of tomorrow are going to give a damn about today's notions of what's valuable?
Why would this change my assertions?
In any case there are a myriad socio-political views and values represented in blockchain/“crypto” projects. It’s not all hypercapitalist libertarians…
I do think that creating a censorship resistant place for data is more important than preventing people from being scammed, but when I think about what ought to go there, I come up with nothing so status-quo-preserving as abstractions that ensure the continuity of asset ownership. It's like you hate banks so much that you went and built one just to show-em.