It creates a barrier to financialization. But that’s likely temporary. Nobody using it on dark web or in actual commerce is going through an exchange.C-Mag wrote: ↑Mon Feb 21, 2022 10:06 amIsn't that going to severely reduce the value of Crypto ?SuburbanFarmer wrote: ↑Sun Feb 20, 2022 7:17 pmThey can only crush the exchanges. People can still hold and trade it freely no matter what. You may not be able to use it to buy beer, but you can sell it to another guy for cash for beer.C-Mag wrote: ↑Sun Feb 20, 2022 4:35 pmIt really feels like people are going to lose their asses on Crypto. The big promise was government would not be able to touch it. And in a world where global fiats are more inflated than Stacy Abrahams they looked good. But as soon as Crypto was being used to fund an unapproved message they crushed it.
It’s a setback for general acceptance, but probably not a serious problem.
