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by luxuryballs 1470 days ago
I’d probably blame the victim if they kept their USD as 1 dollar bills scotch taped to the outside of their clothing though.

I think it’s the nature of crypto that part of the benefit comes from the cost of it being up to the individual to maintain. Selling a product/service that consumes crypto or holds it easily might be the answer (like a bank is to usd), now the individual is giving up the keys though.

There’s a trade-off there that is very cool because it only exists because bitcoin adds the option of more reliably securing the money “all by yourself” rather than needing a bank due to physical limitations.

In that sense there are many crypto holders out there that may wish they had just kept it on Coinbase…

TLDR the cost of having it be serious to use crypto is well worth it for the power and value of crypto itself, it’s like the cost otherwise paid to run a bank, put into a different form, the average economy of carelessness