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by hirako2000 2277 days ago
It's a tight community that instigate and tolerate financial practices that ultimately aren't benefiting of the average Joe, quite the contrary.

It's there for a reason, the same reason it's not stopping.

Unless there is a chance to beleive in representatives to truely represent the population, it's a dead game.

We will slowly turn to cryptocurencies and detach ourself from this non sense system of taxation and fiat decisions that are totally out of our control.

2 comments

>We will slowly turn to cryptocurencies and detach ourself from this non sense system of taxation and fiat decisions that are totally out of our control.

What prevents the same sort of tight community of crony elites from developing in such a system? It seems to me the course of action should be precisely opposite: greater democratic control, better institutions, more literacy and education so people can make informed decisions and pressure their representatives.

Cryptocurrencies so far seem to be a plaything of exactly the kind of people that are wrecking the financial markets. I don't see them as being the answer to anything.