Hacker News new | ask | show | jobs
by pricees 1568 days ago
And then there was GoFundMe and GiveSendGo. I am not arguing the politics here. I am responding to the critique that crypto is a solution in search of a problem.
1 comments

Those are companies with policies.

They have to listen to laws.

Guess what happens if crypto would become bigger and actually a problem for all states globally?

Do you really think they will just accept this? In which way do you think they literlay can't control crypto anymore?

Just because its digital and on the internet, doesn't mean its digital only. It is not and as long as that is, its easy for a state to make sure crypto will never ever reach this level.

You don't believe a state can do this? Just a small reminder about the great firewall from china. There are countries who shut down their internet, literaly.