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Comment by fny

Or potentially genuine mass distrust and dislike of cryptocurrency tomorrow, don't underestimate the cognitive dissonance of a bubble pop?

In my eyes, it's dangerous to crypto that advocates spout absolutisisms about crypto. With a fledgling technology and market, anything is possible, and we should be honest about the fact. Otherwise, you risk blowing up expectations to where a potential crash back to reality gives everyone an irreparable distrust and dislike of crypto anarchists akin to that of Wall Street bankers.

And then the powers that be will mock anarchism for it's corruption and greed, paint the technologist as a devil, and write history books warning of the folly of decentralization. Anarchy is dead, long live anarchy!

So maybe the last part was overblown, but in seriousness, when people lose a lot of money, they get very angry. I'd hate to be the ideology at the receiving end of that anger.

parent fny 8 years ago

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