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Comment YAFS (Yet Another Financial System) (Score 0) 25

Like I've said before, this is just yet another financial system being created to have a minority of people manage the majority of the wealth, to their own advantage. This is just a new competing system with less regulation created by the crypto bros to wrestle the current system away from the Wall St. bros.

Comment YAFS (Yet Another Financial System) (Score 3, Insightful) 69

Like I've said before, this is just yet another financial system being created to have a minority of people manage the majority of the wealth, to their own advantage. This is just a new competing system with less regulation created by the crypto bros to wrestle the current system away from the Wall St. bros.

Comment Crypto is *not* that "alternative" (Score 4, Insightful) 50

  1. The market sets the price.
  2. Government can't inflate away the value.

Unless we go back to some backed currency, like a gold standard, the government will just spend and inflate away the value of its money, impoverishing the masses; we need an alternative.

Like I've said before, this is just yet another financial system being created to have a minority of people manage the majority of the wealth, to their own advantage. This is just a new competing system created by the crypto bros to wrestle the current system away from the Wall St. bros.

Having a new system with less regulation run by a bunch of toxic crypto bros is not the alternative you actually want, buddy.

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