I know it won’t happen because people’s (especially developer’s) worldviews are so set, but today’s hearings should really be the nail in the crypto coffin.

It’s literally all a scam. Everything about it, blockchain, “currencies”, tokens, exchanges, contracts, all of it.

Follow

@thomasfuchs

> _“If you’re in a developed country, and you’re happy with your banking system, and you’re not a sex worker, and you have zero concerns about your country being taken over by fascists, you probably don’t need cryptocurrency and shouldn’t worry about it. If other people say they do need it, don’t call them liars and say you know with certainty that nobody has ever used crypto for anything besides Ponzi schemes and monkey pictures.”_

astralcodexten.substack.com/p/

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