Buttcoin

Adoption means following the law (which is often at odds with crypto's values)

yeah

and this article quotes FUCKING ROKO

Considering the opening sentence (and literally everything that surrounds crypto), it's so obvious that it's a scene constituting of people who think they are way smarter than they actually are.

People buy into the dream of decentralization (or, for many, the promise of a fast buck).

insert be honest/thank you meme here

look at https://coindesk.com/livewire some time. that's the feed of every article. it's over 50% copium.

jesus fuck so much copium compressed in two short paragraphs

If you look at how crypto is actually used to connect with the real economy, you’ll see it's essentially in niche areas. These include black or gray markets, stablecoin remittance corridors and hobbyist pursuits.

it's called ransomware, drug trade, sanctions evasion and money laundering

Mind you, these are huge markets.

citation needed

But today, as in other periods where it seems like crypto is right on the cusp of breaking through,

citation needed

this usage pales in comparison to the speculative use of crypto, where capital goes in, jumps around from coin to coin or protocol to protocol and causes the number to go up – essentially creating a circular economy.

this is not what circular economy means, crypto is about maximizing waste, not reducing it