>just saying “speculation” as if thats not a use case misses that “financial services” are our biggest industry on the planet and thats mirrored in the blockchain space
This is such a great comparison! Crypto and "financial services" are both a massive waste of labor that produces zero material wealth and mainly exist to facilitate money laundering and further upward siphoning of wealth.
This is why Janet Yellen is currently throwing a tantrum that those big meanies in China aren't playing fair by using their labor to actually manufacture things instead of shuffle fake money back and forth between different buckets until more money appears out of thin air: https://www.reuters.com/business/energy/yellen-intends-warn-...
This is such a great comparison! Crypto and "financial services" are both a massive waste of labor that produces zero material wealth and mainly exist to facilitate money laundering and further upward siphoning of wealth.
This is why Janet Yellen is currently throwing a tantrum that those big meanies in China aren't playing fair by using their labor to actually manufacture things instead of shuffle fake money back and forth between different buckets until more money appears out of thin air: https://www.reuters.com/business/energy/yellen-intends-warn-...