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by adrianchifor
1464 days ago
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Many of my Ukraininan/Russian friends would not be alive today if it wasn't for crypto, same goes for many journalists and innocent civilians that escaped controlling governments, war zones, hyperinflation etc. Show me another asset that you can take with you in times of crisis on a usb stick or piece of paper, and transact without middle-men globally. A significant number of people live in places where saying/doing something controversial can get your assets frozen (Canada '22) or much worse. Sure BTC uses a lot of electricity, but so does the US military which is key to maintaining the $ as global reserve currency. There are many people and projects in crypto trying to do the right thing about energy (https://ethereum.org/en/energy-consumption/). Dunno why you would fight against a fair, open, censorship-resistant, global financial system, unless you're a dictator. You won't need it, until you do. |
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If that's all it was then you would be correct, only nasty folks would be against it. But that's not all it is, or even the main thing it is. The same qualities that make it useful for your friends during a war also make it useful for various sorts of crime, but all the time not just under (what should be) highly unusual and dangerous circumstances.
The fight here is all of us against the dictators and warmongers. If we work to create a "fair, open, censorship-resistant, global financial system" together we can do that without enabling scammers and crooks.