Stonks go down

  • Dbumba [none/use name]
    ·
    3 years ago

    Early Crypto had the right idea-- the whole point of it was to create a secure system of trust in currency trade to circumvent parasitic big banks.

    Once Big Capital started to see 👀 the idea gaining traction, it became a race to exploit and co-opt the movement into the narrative you see it as today.

    • ReformOrDDRevolution [comrade/them]
      ·
      3 years ago

      Not really, "early" crypto was also a ponzi scheme that only libertarians can consider a "currency". Its a financial asset, and it was designed to become as stupid as it has become