Some anti-cryptocurrency guys believe that with crypto you are helping rich people transact money between countries and create instability in the economy, while not paying taxes, destroying social security systems by reducing taxation. Allowing Russian, Chinese and whatever country Oligarchs to transact money and buy resources everywhere.
However, the reality is that Vitalik Buterin and crypto guys are trying to create freedom. It is not about sustainability bias.
Vitalik.eth Shared: Perhaps, even a lowbrow but still important part of the “post-liberal Western ideology” that Palladiummag keeps talking about. Not anti-liberal, but just Weird. Which is fine, because the underlying reality that it’s trying to understand is weird and only getting weirder.
For clarity, low brow means talking with little taste or intellectual interest. The simple left–right analysis, liberalism, conservatism, libertarianism and populism are the four most common ideologies in the United States.
Palladium Magazine explores the future of governance and society.
Palladium Magazine recently stated: “Centralization often isn’t planned at the outset. It becomes necessary because of failures in the system.”
Vitalik also expressed: I do think high fees are a major culprit; they make interesting and cool apps too expensive. So, hyper-financialized apps win out. I’m hopeful that successful scaling over the next 2y will fix this.
For now, apart from all the intellectual argument when someone is going to ask, what do you think about investments now? Where to invest? Ethereum is one of the sure-fire Answer. Particularly so in the cryptocurrency space.
However, people are like: Hey Vitalik Buterin, think about the world economy. The common people have no money. So, why don’t you just BURN 50m worth SHIBA INU which you got back from crypto relief fund?
It is obvious there are many people who are in the cryptocurrency space make empty noise and they have no clue as to what they are coming to say. They simply want to put someone or someone’s theories down.
And some of them make things too intellectual in the cryptocurrency space making things difficult for the rest. They explain everything in terms of algebraic vs. Geometric mathematicians. And that is the extreme.
However, there is no denying that Ethereum and Vitalik Buterin are disrupting a sector that has long been ran and manipulated by corporations. While there is scam and corruption in crypto, the same goes for any investment platform. There is not any other platform which can be called perfect without scam.
The US Government is corrupt, the system is corrupt and while crypto doesn’t level the, playing field. It shifts the balance ever so slightly. So that the everyday man can compete for profits.
Crypto is the gateway. ETH is the key. Old money will resist adoption because it takes a little bit of the control away from them. Most people don’t like to see others prosper.
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