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Progressive Group Rebukes Democrats for Being 'Fully Complicit' in Industry-Backed Crypto Bill
(www.commondreams.org)
this post was submitted on 08 May 2025
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I like good tech
I know crypto, like all unregulated currencies, is just a tool for scammers and criminals to make money.
I don't beleive crypto is good tech becauase it has proven to not be.
Understanding the effects of tech should be seperate of your beleif in it, and should dictate your beleifs if you want to live in reality.
Well that is your opinion and you're entitled to it. I don't necessarily think that it's proven to be bad tech whatsoever it's just got bad reputation because a lot of it is abused as he mentioned.
So has every other form of currency and commodity in the history of mankind. but I do think that the leading technology is in the field like Bitcoin and Solana for example have proven to be very useful although perhaps still finding the correct applications to really shine and show off what they can really achieve.. but it is no secret that banking and financial sectors are adopting these technologies to improve their operations and you know States and Nations and individuals are investing in things like Bitcoin 24 hours a day. I mean you can buy Bitcoin ETFs, Bitcoin credit cards, it's all over the place now.
Yeah part of the issue is suckers who can't discern opinions from objective reality. They make the perfect marks.
The difference your refusing to process is unregulated currencies do not add anything to the experience while pretty much just creating loopholes
This is the process idiot people have to go through once they forget why we have to have regulated currencies. Kind of like how we got rid of the laws that forced wealth equality so now shit is falling apart again and we have to set things back to the solution we already figured out 100 years ago.
Which is why the 'blue chip' cryptos out there have been pushing for regulation for over a decade now. And we are starting to see it finally.
A regulated cryptocurremcy then just becomes a fiat currency, a less popular fiat currency than the others because there's no organization or government backing it.
This is what severe denial looks like.
Crypto is a scam, and it will always be a scam.
The moment we regulate it well enough to work as a real viable currency it will have lost all the unique things about it that made it attractive to you in the first place.
Well, again, that's your opinion. And frankly you are wrong. But that's ok.
One day I hope you break the conditioning and learn to process reality despite your ego issues.
My ego has nothing to do with it.
Because that's totally normal response from someone with no ego issues