Anyone who thinks these events are permanently in the past is ignoring the lessons of history.
Anyone who thinks these events are permanently in the past is ignoring the lessons of history.
I personally place the long term value of all current crypto coins at 0$. Risk makes them a poor medium of exchange for the average person, and new investors eventually want to have positive returns on their investments.
Crypto is not any more "controlled by math" than french fries are "controlled by chemistry". I hate everything about crypto but this is by far the cringiest talking point; probably because I'm a mathematician.
Can you please elaborate? :)
My initial reaction is a massive groan at the seamlessly meaningless platitude, but that's unfair. Maybe you were in a rush, on the phone, and there's a cogent argument that I'd be eager to hear out.
Edit: To elaborate: both "Controlled by violence" and "Controlled by math" I view as summarized and abstracted way beyond point of sheer uselessness; and only used to propagate a particular point of view. That point of view may be accurate or not, I may agree with it or not, but it does not include useful data or conduct a honest discussion. There's a lot of math involved in fiat money from central banks. There's nothing in crypto that may prevent or shield from violence. Individuals certainly earn money/wealth/value in certain way and their storage medium of choice cannot be summarized in such simple ways. And "Controlled by math" is massively misleading - at best, at best, we can say it has some origins in math. But it certainly is not controlled by math - it is ultimately controlled by people and institutions.
You've obviously never fired an automatic weapon in a data center.