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Comment by laszlo-kiss

As long as there are oppressive financial systems (central banks, the world bank, the current financial pyramid) crypto (decentralized) currencies are going to be around and will provide a needed _service_. The harder the folks (running the 'official Ponzi scheme') fight crypto the more valuable crypto currency technology will be, more smart folks will pay attention to it and it will evolve further.

Since there is no way on Earth that the financial elite will just give up and go away, demand for crypto transactions will be ever present. They can pass laws to make it illegal, but that means that servicing the demand is going to be even more profitable. Consider that the risk of owning an outlawed crypto currency is nowhere near to carrying around a kilo of white powder...

Every time a windbag (insider/rich guy/financial guru), like Taleb or Bill Gates, bad mouths crypto, it should be considered an endorsement of the concept.

Which crypto you choose to put your fiat into however, is your business.

parent laszlo-kiss 5 years ago

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