It is ironic that cryptocurrencies are becoming a vehicle for more centralization instead of decentralization. Having banks as middlemen between transactions introduced inefficiencies that actually act as a level of opacity that prevents total and absolute control of the transaction ledger. State-regulated cryptocurrencies facilitate all kinds of large-scale economic control, from money printing to sanctions, ostracization etc on a scale that that even systems like SWIFT cannot.
Call me when paypal sells gold, in physical form that you get to keep in your property. Make no mistake that paypal will ban any crypto that cant' be 100% subject to the whims of governments. These centralized "mainstream" cryptocurrencies are going to kill the anarchic ecosystem and consequently outlaw it. The playbook "save the children/our enemies" is such a popular routine nowadays that i wonder why there's not a startup for it.
Call me when paypal sells gold, in physical form that you get to keep in your property. Make no mistake that paypal will ban any crypto that cant' be 100% subject to the whims of governments. These centralized "mainstream" cryptocurrencies are going to kill the anarchic ecosystem and consequently outlaw it. The playbook "save the children/our enemies" is such a popular routine nowadays that i wonder why there's not a startup for it.