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"Regulations are NOT the solution to low-quality food. Bitcoin is." - this guy. (lemm.ee)

submitted 2 days ago* (last edited 2 days ago) by [email protected] to c/[email protected]

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[–] [email protected] 9 points 2 days ago (1 children)

Crypto vs houses also has the problem that the former is hard to reposses. So not great to base a financial system, where people will default/be scammers/etc on. But of course they consider this a pro not a con. As they are often "im mad gov spend some money (muh taxus!!!1!!) on stuff I disagree with" types. So hoarding would be worse but now in crypto. And there is no reason why speculation in cryptoshit and real estate cant exist both at the same time, like now in reality. Gold didnt fix housing, so why would bitcoin. But yeah, think they are the common clay of the new west.

[–] [email protected] 7 points 1 day ago

You've got to remember that these are just simple ~~farmers~~ crypto miners. These are people of the land. The common clay of the new West. You know. Morons