You're not wrong
But keeping a government democratic and under check is a lot easier than trying to do the same to a series of corporations with anonymous investors calling the shots. Every corporation is in and of itself a dictatorship, dangerously close to an old noble clan, and we pretend we don't see it because it's been hypernormalised.
I'd much rather take my chances with a government, that can in fact respond to the will of the people from time to time, than with a corporation that only ever responds to money with exactly no exceptions ever.
Also because the entire thing is backed financially by energy wasted, crypto has actually been slowing down the adoption of cheaper, safer renewable energy.
People spend x dollars on generating crypto, they expect to sell it for x+profit
Ergo if energy became cheaper, crypto would devalue and we can't have that.
More like a squat or flophouse for nerds. Daring to exist in the middle of a gentrified area.
Crypto remains a pyramid scheme masquerading as a resistance against tyranny
Ironically you know what ACTUALLY protects from powergrabs by payment processors? A fully centralised, government backed form of digital cash that is fully equivalent to paper money.
Ask a Brazilian about pix. Super low fees (often feeling non existant). And transactions can't be invalidated on the whims of a corporate board. For something to not be buyable by pix it has to be illegal, thus having to go through every layer of checks and balances a democracy has.
The problem with visa and their ilk is that finance has been privatised. Too much power in the hands of corporations that have deftly dodged regulation that would keep them neutral and honest. Thinking privatising things further and turning everyone into a fully unregulated petty digital landlord is gonna solve anything rather than make it worse is foolhardy.
You cryptobitches have been saying it's "early days" since 2009
It's been 16 years. That bullshit don't fly anymore.
There's a lot of it you can just tune out
Not because it doesn't matter, but because it's not actually new.
"oh Israel is still doing its genocide. Yeah, they would, no one is bothering to stop them. Don't give me details. Let me know if something CHANGES"
The "news" cycle has a way of always finding further details on what is actually very old information, and those details serve you, the reader, no purpose other than creating emotional distress.
Fluttershy.
Tupã bless Brazil's pix.
At least I can still buy porn from local furry artists.
one of the most numerous and arguably the most influential religious group in modern times
is not representative of religious people
Are you being serious right now?
Though I will happily agree that evangelicals are in fact the worst religious people.
The gud fedposting.
Very American.