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this post was submitted on 03 Mar 2025
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politics
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I always figured crypto would outlast imperial petrol-dollars. But I never imagined a president helping it along.
Crypto is a scam through and through. If you don't believe it, ask yourself why Trump is doing it.
Crypto is your only option to opt-out of the current financial system. There is very real innovation to be had between the pump and dumps and scams. No one is telling you to buy memecoins or any coins really -- definitely don't buy anything promoted by 45.
Digital dollars will enable seamless international commerce. Cut out the middlemen in your life.
Tell me anything of value that crypto has brought about...
Crypto has been around for 17 years and all I see is:
I have NEVER heard anything good come out of crypto for the economy as a whole.
Does it have the potential to be a game changer and a force for good? Yeah.
Has it been used as a force of good? No.
Digital dollars are saving millions of people from inflation in local currencies.
This is effectively the only option these folks have to navigate around capital controls of local fiat currency. From Argentina to Turkey many folks are seeing advantages.
Might not be flashy and catch headlines but it works.
Fair enough. I stand corrected. I wasn't aware, I'll look it up. Thanks!