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Re:No one is disrupting banks by fsflover on Monday January 27, 2025 @08:38AM (#42841014)
> The reach of crypto, outside of fraud and government graft (which is real value) is simply the reach of crypto marketing.

Except when your government is not trustable and you have to find a way to store and transfer value in an independent and anonymous way.

Re:No one is disrupting banks by saalweachter on Monday January 27, 2025 @12:17PM (#42843354)
The tricky part is there is a difference between "your government is not trustable" and "you don't trust your government" that you can never bridge.
Re:No one is disrupting banks by fsflover on Monday January 27, 2025 @12:57PM (#42843792)
Why does it matter here?
Re:No one is disrupting banks by saalweachter on Monday January 27, 2025 @01:47PM (#42844295)
Moving your money into a non-local currency or store-of-value has a cost and its own risks.

If you trust an untrustable government, you lose when they betray you. If you don't trust a trustable government, you lose when you spend years and decades hedging against their betrayal and it never comes.

Re:No one is disrupting banks by fsflover on Monday January 27, 2025 @02:49PM (#42844901)
This is all true. The point is that a cryptocurrency gives you a choice, which you otherwise don't have, so it's useful.