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@tante not to be "that guy" but there is no bitcoin/crypto crowd. most bitcoin maxis think el salvador is great, and there is a wide spectrum of other crypto folks (loosely clustered in less rapid cults) that have a wide range of opinions on how far off crypto is from being moneyOn twitter.com
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@tante if you wanna go after the btc echo chamber, go off, most of crypto (who are sick of being lumped in with them) will cheer you on. i actually agree with all this, "the unbanked" is 99.99% BS and the adults working on this problem, even within crypto, are very quiet about it.Permalink On twitter.com
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@tante for example, depositcoins and stablecoins ARE actually useful in a few very specific international aid contexts, but you already equated crypto with "volatile tokens". volatile assets are not money and never will be-- they are securities, derivs, optns, or instruments, full stop.Permalink On twitter.com
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@tante speculative crypto aims to supplant or replace the stock market with something faster, more agile, more thinly-sliced on the technical side, more global on the regulatory side. opinions vary on whether or not that's a good thing, but here we are.Permalink On twitter.com
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@tante "payments" crypto is really more like fintech and more interested in agile fintech on crypto rails that supplants and replaces visa, mastercard, wepay, applepay and googlepay-- totally different beast. neither is really "money" but they each supplant one func of money.Permalink On twitter.com
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@tante if your goal is to whine about the existence of capital formations you don't like and software industry hype machines, go off, maybe you'll get a book diehl out of it. but if you actually want to understand how so much capital got behind this stuff, you need more good faith, frenPermalink On twitter.com