Comment

Comment by bhouston

> If he were to talk about decentralization/distribution vs centralization along with who controls the fiat money supply & who benefits & who does not benefit from the fiat central bank policies, then he would at least begin to broach the subject of why crypto currencies are being adopted.

Is that why crypto is being adopted? Are you serious?

I bet nearly no one who buys crypto even knows what fiat money is nor have they have a clue as to the ideas of the Austrian school of economists. We live in an age of memes and discords.

Crypto and NFTs are primarily being adopted because they are speculative vehicles that generally go up and to the right. It is quite simple.

parent bhouston 5 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton