this post was submitted on 27 Jul 2025
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Very useful addendums. I agree with pretty much all of this, I just didn't say most of it for the sake of brevity. Overall though yes, when taking apart individual arguments quickly like I did one does lose the whole picture in order to be exacting about specific points.
As for crypto being more harmful than beneficial overall? I agree with that too. It's just that I feel that way about all money under capitalism. For me that kind of goes without saying. Money under capitalism is overall more harmful than beneficial. However, is crypto less beneficial to the average individual than fiat? ...In most cases still, also yes lol. But there are plenty of edge cases.