this post was submitted on 03 May 2024
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chapotraphouse
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Everything you said that is negative about crypto is also true of Fiat money.
No, crypto and stock markets aren’t left wing/socialist, but I’d like a shot at financial independence.
Yes but fiat currency has the violent backing of the state. It's not that it means fiat currency is a strictly good thing, it's a tool used by States, but crypto has no state backing (The El Salvador thing is a meme lmao).
I mean I had to lose a lot of money on GME to have some sense knocked into me too, so, I can't blame you at all. I only hope you don't screw yourself over like I kinda did myself lol