š§ LET'S ARGUE: Crypto is a Con?
(Edited)
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Welcome to the second episode of LET'S ARGUE, where you give me your hot takes and unpopular opinions about cryptocurrencies.
This episode touches on altcoins, Craig Wright, and whether cryptocurrencies are a con that destroys privacy and makes the rich richer.
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https://louisthomas.co.uk/download-my-brain/
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Craig Wright is an, eh, colourful character in pretty much the same way Trump is, but his mind is laser-sharp. Crypto is not a scam. It does not threaten privacy at all if itās done right.
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I don't know enough to know whether Craig Wright is laser-sharp on his technical ideas. My gut says he's a con man though and I don't trust anything he says. Within the space Andreas Antonopolous is the main person I'm fully confident in from both a knowledge and trust point of view!
In this ecosystem we can find lot of proyects with lots of applications and in the case of bitcoin i think btc is a reserve of value like gold and other alts can be used as money, votes and more the real power is in blockchain.
Conditioning and programming by society is the biggest con in human life š
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The con are banks and fiat currencies just in my opinion now is the first time that we have all the control in our money. Regards
I think this might be terrible and risky move for Banks to operate in this way, however, every Bank has its own vision and mission stated clearly of what it ought to do so we cannot use a general speculations of what seems to be over done to judge. Thanks very much for this insightful video you share in @threespeak.
That's Amazing!
Congratulations @louisthomas!
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The crypto space is full of con artists and scam projects, much like every area of life where there is money to be made! There are also genuine projects that fail to deliver and leave people feeling like it was a con all along.
I think the best we can do is examine motives and be realistic about failure rates.
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