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by long_time_gone 1598 days ago
>Which seems to be a contradiction.

The point was that each individual criticism of crypto (speed, instability, energy efficiency) brings a new solution which seemingly recreates an existing financial function or institution. This is the logical thing to do as it increases trust in crypto and speeds adoption. However, in the end, we have a crypto economy stabilized and supported by the exact institutions it was supposed to displace.