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by nlitened 322 days ago
> serve as a distraction from their inevitable uselessness

I don’t understand your point. You said that crypto is only useful as long as governments use it for nefarious purposes and money laundering — so basically it’s a guaranteed relevancy in the future, no? How is that inevitable uselessness?

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>You said that crypto is only useful as long as governments use it for nefarious purposes and money laundering — so basically it’s a guaranteed relevancy in the future, no? How is that inevitable uselessness?

It's hard to say how long those nefarious purposes will be tolerated. There may come a time when the governments of the world don't even have to pretend to not be doing nefarious shit. At that point, cryptocurrencies will only be a thorn in their side, and will be under heavy attack.