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by thorncorona 502 days ago
cynically, crypto’s greatest achievement thus far has been speed running 200 years of financial mistakes and explaining why we need financial regulation.
1 comments

It is so predictable to get a straw man argument like this.

https://news.ycombinator.com/item?id=26238410

It's not a straw man argument when the counterargument you propose is "actually, evading regulation is the point".
If a country does not have a functioning banking system, then it isn't evading regulation.
Forget evading regulation that has been possible with cash or gold since millennia.

Its just sad that time and time again HN of all placed refuses to even consider that, yes magical p2p internet money does indeed have its uses outside of illegal activities.