[drmustafash]

Scams happen in every financial system, including credit cards and traditional banking. The difference with crypto is the opportunity for self-custody and true ownership of your assets. While Stripe may work well for some, their AI often fails and holds funds from legitimate businesses, causing severe disruptions. Crypto isn't perfect, but for many, it's a necessary alternative to mitigate these risks. It's about understanding the trade-offs and staying informed.

https://x.com/HamelHusain/status/1808850347169100261

[gregjor]

Scams happen everywhere, sure, but I point at the difference in scale. Banks don’t rug pull their certificates of deposit. And there’s the lack of recourse with crypto, something I don’t worry about with banks because of regulation and insurance. American credit card issuers must take responsibility for fraud, they don’t shrug and pass it off to their customers like Binance does.

Crypto may have benefits to some people, in some places. But those users have next to no overlap with businesses and individuals who can use Stripe and have access to credible banks and credit cards.

Most people don’t want self-custody of their assets. If they do they can find better assets than crypto.

That you believe anything Trump promises says a lot. He’s pandering to campaign donors, not converting his own assets to crypto.