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by TwoFactor 1036 days ago
It is not true that all crypto companies are scams, and especially not true that all crypto executives belong in jail.
1 comments

What actual, not theoretical, uses of crypto, aside from unregulated speculation, do you believe are non-scam uses?
Games, collectibles, lending, money markets, exclusive virtual clubs, international payments, trading are just a selection of activities I’ve personally engaged in on chain in ways I could not have off chain.

Also whether or not you like speculation, many people do and it’s not a crime.

I’ve done all of the above off chain; sorry to hear that you couldn’t.
Having something you can transact with and store value that isn't completely vulnerable to your government's monetary and foreign policy/capital controls
So... Crime?

You're describing "isn't touchable by laws". Which means crime.

Buying drugs from the internet. Or are the kids not doing that anymore?
You don’t need crypto for this - I’ve got a friend that pays his plug on Venmo or CashApp just fine