News for hackers. Stuff that matters.

A comment on I Wasted 8 Years of My Life in Crypto. Parent comment

Re:I Wasted 8 Years of My Life in Crypto by komali2 on Monday December 08, 2025 @06:25AM (#46191050)
> Using a cryptocurrency (originally) meant basically opting out of the governmental violence-as-a-service for cryptocurrency/-token purposes and taking care of this aspect by yourself.

Cryptocurrency was a hidden blade. People were drawn in on the promise of avoiding the things they don't like about capitalism, but then cut by a more unregulated version of the same.

If you're going to dismantle all of the institutions of liberal democracy and capitalism so you can send a billion dollars to somebody, why not just go ahead and get rid of money while you're at it?

[ Parent | on HN ]
Re:I Wasted 8 Years of My Life in Crypto by aleph_minus_one on Monday December 08, 2025 @08:34PM (#46200267)
> People were drawn in on the promise of avoiding the things they don't like about capitalism

Quite the opposite: the marketing was always about more "pure", "unrestricted" capitalism without all the "evil" restrictions and red tape that the governments set up and (depending on the cryptocurrency) no option for the governments to turn on the money printing press to devalue the currency by their will.

[ Parent | on HN ]