[Priem19]

By which I mean to say: the greedy rich wanting to preserve or increase their wealth at all costs is what got us into this mess. Bitcoin or any other cryptocurrency pyramid scheme is going to do bugger all to improve that. No amount of wealth or technology will turn vice into virtue because: “If you have selfish, ignorant citizens, you're gonna get selfish, ignorant leaders.” —George Carlin

Prosperity boils down to good policy and governance. Thus, good people. Unfortunately, as far as I've seen, cryptocurrencies have produced some of the worst kind of people.

[FridgeSeal]

To add to this, crypto communities _appear_ (I’d be pleased to be wrong here if anyone has examples) to be filled with people who are absolutely opposed to any kind of economic governance, if it’s not “let the magic hand of the market decide” they’re seemingly not interested.

[seibelj]

You have an entire world full of governments and fiat currencies. If they are so superior then there should be no problem with competition from Bitcoin.

[Priem19]

“Simply because cancer occurs naturally doesn't mean we shouldn't treat it. In the same vain, sometimes the “free market” just screws up, requiring intervention.” —https://www.cynicusrex.com/file/cryptocultscience.html

Bitcoin and cryptocurrencies in general are pyramid schemes. They deserve no place in the economy.

[kortilla]

Yes, they are opposed to having their assets diluted by a government they have no say in.

[X6S1x6Okd1st]

If you want to challenge that belief look into governance by DAOs and some of the airdrops like UNI.

There's def crypto communities that dream of paying everyone a basic income in their currency, identifying each individual and not completing devaluing the coin are big problems though

[matheusmoreira]

I'm not convinced this "economic governance" offers any benefits.