By this logic most large scale human suffering before crypto was created by fiat.
Most of current human suffering is still fiat.
Crypto is barely a blip in the grand scheme and I don't see how it differs from, say, gambling.
Most of current human suffering is still fiat.
Crypto is barely a blip in the grand scheme and I don't see how it differs from, say, gambling.
Gambling is also, almost always, a negative for society. It's why it's so heavily regulated.
Sadly, this level where people don't distinguish "A subset of B" from "B subset of A" is typical to all discussions related to crypto.
I literally started 'by that logic' to underline how broken the whole initial comment was!
Do only smart people use fiat? Like... it's not even worth dissecting your reply.