No, if that wasn’t an option, then the root causes such as wasteful spending, not holding politicians accountable, student loan crisis wouldn’t even happen in the first place, because those that are committing those misdeeds currently are the same that are printing the money.
> It might be an extreme problem to you, not to everyone else.
So mass inflation is only an extremely problem to me? This is probably the most false claim possible.
> This has been solved again and again by different companies, be it wise.com or others
Except they constantly freeze user accounts for no reason.
> Except for the fact that nobody can get their money back after they have been scamed. There is no authority to complain to or reverse a transaction. Wich makes it useless for the masses.
Of course there is, all the exchanges have to comply by with law enforcement and that’s what they are doing. This way, since the transactions are all public and can be traced endlessly it’s very difficult to evade law enforcement through scams.
That is the case, because Engineers have a bad understand of global finance, business and money.
That’s why they don’t understand the problems that crypto is solving.
If you look at the comments here, you’ll see that many comments are saying that crypto isn’t doing anything useful.
However, crypto is literally solving the extreme problem of infinitely printable FIAT money and very slow and expensive cross-border transfers, which might be the most impfactful invention of the last 2 decades.
On top of that, crypto adds transparency, accountability, interoperability, decreases fraud in every possible market.
However, hacker news doesn’t understand that, because they simply don’t global finance, global markets, business and moneys.
Yes but it will be an empty desert with anything below 10m users, because only then would an average user would have 100 friends and 10 posts per week.
A Twitter with unlimited speech will become a racist and propaganda hellscape.
Imagine Trump will be brought back on Twitter, he’ll radicalize 40% of Americans into QAnon disciples and try to topple the United States government again. He’ll have thousands like him joining in in spreading mass amounts of fake news exactly like the Russian propaganda machine.
You’ll see extreme science denial, a boatload of new Covid myths, drinking bleach, Ivermectin, Covid is just the flu propaganda all over again, just 5 times worse.