BTC maximalist wrote:
But honest Q time.
I agree lots of crypto is scammy and overhyped and too volatile etc. etc.but do you not see a value in a decentralized, trust less financial system? Being about to borrow $100k of liquid stable coin against your BTC holdings is not something I could get in 3 days, maybe even a week with a traditional bank. I can do it in under 30 seconds! This is a fantastic unsticking of financial wheels that will enable billions without access to banking the ability to access credit.
I understand legacy systems have safeguards and regulation and you are willing pay in time and money to have those things. But no everyone wants to/can pay for those.
Your thoughts?