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A comment on Crypto in 2026: Oh, This Is the Bad Place. Parent comment

Re:Crypto in 2026: Oh, This Is the Bad Place by pjc50 on Tuesday June 23, 2026 @07:29AM (#48643375)
However, I think there's an argument that the existence of that backup, or at least its marketing, might of itself encourage people to make the institutions fail so they can profit from it.
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Re:Crypto in 2026: Oh, This Is the Bad Place by rglullis on Tuesday June 23, 2026 @07:43AM (#48643512)
That's a weak argument. If the institutions can collapse because a few powerful people can work against it, then the institution has already failed in the first place.

Trump and the general rise of Populism is not the cause of the fall of Western democracies, it is a consequence.

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Re:Crypto in 2026: Oh, This Is the Bad Place by mrhottakes on Tuesday June 23, 2026 @08:54AM (#48644234)
You don't seem to grasp that the answer isn't "oh well, Western democracies were just going to fail I guess"
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Re:Crypto in 2026: Oh, This Is the Bad Place by inigyou on Tuesday June 23, 2026 @11:39AM (#48646777)
The answer to what?
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Re:Crypto in 2026: Oh, This Is the Bad Place by mrhottakes on Tuesday June 23, 2026 @01:24PM (#48648273)
The answer to institutional collapse, the topic of the post to which I replied.
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Re:Crypto in 2026: Oh, This Is the Bad Place by felixgallo on Tuesday June 23, 2026 @08:55AM (#48644252)
You're going to have to show your work on that one. Western democracies are suffering not because they are failing, but because they have been chipped away at for decades by fanatical right wing billionaires intent on eliminating taxes and securing their place in a perpetual oligarchy.
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