top | item 27910418

(no title)

llcoolv | 4 years ago

Yeah. On top of that the article is a bit misleading as the goal of crypto, gold, etc is not to become rich, but not to become poorer due to inflation.

discuss

order

0des|4 years ago

The goal is permissionless transactions on an immutable ledger.

kemonocode|4 years ago

You can have different, non-conflicting goals. Specific projects bring something in particular to the table. Permission-less transactions on an immutable ledger is the very least most bring. A form of rebellion against centralized banking and an unfair global financial system where if you have the means and the connections you can get away with pretty much anything: lemon socialism, laundering billions and paying pittances on your taxes.

To some, these are important goals; to others they are troublesome things to get rid of because they believe centralized economic systems are superior and inherently more trustful and less prone to abuse by criminals and terrorists, or that the perceived ecological impacts crypto mining are excessive.

There are valid points on both sides, but it'll be extremely hard for me to change my position on crypto when it's become a personal lifeline for so long.

xadhominemx|4 years ago

What is the goal of that?