Should We Frankly Even Allow The Americans To Call It Crypto

📷Big D@bigdsenpai·11h

Hypothetical: say all of crypto was basically dead, except for some super cucked SEC-compliant fed chain. A golden shitcoin season kicks off on FedChain (easy 10x – 100x coins popping off every single day, anyone w/ a brain is printing) on their KYC AMM. Are you participating?Yes No

📷c-node (credibly-neutral)@colludingnode·4m

question is why are the shitcoins popping off and 100x'ing if the entire purpose of blockchains is removed? who is betting on crypto protocols that cannot cut out middlemen, provide decentralized alternatives to centralized services, or offer superior privacy?

📷c-node (credibly-neutral)@colludingnode·4m

is a blockchain even needed if the goal is simply to have a programmable money platform, with no requirements for decentralization or privcacy?