Re:Bitcoin is dead, but it was a good try
by goalieca on Saturday January 27, 2024 @06:38PM
(#39160992)
If networking disappeared our economic productivity would drop massively. It would touch all parts of life in some ways. If bitcoin disappeared few people would notice except for the IT and security teams along with insurance companies who would rejoice.
[ Parent
| on HN ]
Re:Bitcoin is dead, but it was a good try
by sshine on Tuesday January 30, 2024 @05:47AM
(#39188566)
Cryptocurrencies do impose more risk on society in terms of being a channel for money transfer not condoned by nation states, and as a way for people to lose their money on gambling marketed as investment.
Cryptocurrencies are only better for normal people when a country's economy crashes.
In the meantime they're excessively expensive.
My argument is that ransomware would still be a thing.
No sense in blaming the tools when they're inevitably here.