[colordrops]

That's the elephant in the room that everyone is ignoring - the entire financial system is a scam. It's rigged in favor of the ruling class, which is why cryptocurrency originally became popular. The difference is that most cryptocurrency schemes are a different kind of scam - one of trickery rather than abject domination, and something you can avoid if you understand enough about how it works. Something that can't be said for traditional financial systems.

[shigawire]

The counter point (whether you believe it or not) is that the existing financial system also has benefits over any other political/economic system of resource distribution.

Crypto doesn't have that upside at this time I don't think.

[randomhodler84]

It does. The traditional system reinforces systemic biases. Trustless systems don’t care about system biases. Peer to peer systems route around this.

It was always about empowering the individual.