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Comment by rco8786

Yea same. Really still unclear what utility it provides that fiat currencies do not. Not theoretical utility, like real world utility.

I think crypto will go down in history as an amazing example of the importance of institutional knowledge and regulation. Like how did nobody see fraud coming in an unregulated financial instrument? Did folks genuinely think that "decentralization" was going to sidestep all of the typical problems that we've been using regulation to solve for the past several hundred years?

parent rco8786 3 years ago

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