Hacker News new | ask | show | jobs
by dmihal 2117 days ago
> Because blockchain keeps promising things and never delivering anything of actual value

My friends in Argentina would disagree

Blockchains (Ethereum specifically), cryptocurrencies and decentralized finance have allowed them to exit their broken financial system and survive hyperinflation.

They all get paid in stablecoins across borders, self-secure their funds using smart wallets like Argent or Gnosis, and earn good interest rates using lending protocols.

I think many of us forget how broken the financial system are outside of western developed countries.