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Hugin

(36,680 posts)
2. The article lost me at tech-savvy conservatives...
Mon Jul 21, 2025, 01:18 PM
Monday

Yet another oxymoron.

There's nothing "tech" about crapto. It's a means without an end. Ultimately, it's a resurrection of the so-called carry trade or in biblical terms, money changers. They've missed it since the EU was formed.

It's weakness is displayed in grand terms on every financial page where it's value is stated in Dollars. Why not just have Dollars? Because, you have to fricking work for Dollars.

The biggest fight on crapto is yet to come. There can be only one and it won't be the one most people have.

Stablecoin? It's yet another in a long line of empty buzzwords thrown around in boardrooms by people who are more interested in using buzzwords than whatever it is that company actually produces.

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