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An Early Skeptic's Telling of "Why be skeptical?" (Feat. David Gerard)

Crypto Critics' Corner

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The Future of Cryptocurrency Is to Be Regulated

I think the likelihood that bit coin goes to zero in my lifetime is minimal, though. It's a very nuance o detailed scam with a lot of interesting bells and whistles. As a speculative asset, well, you know, it's digital gold. But som in terms of how exchangeable it is for actual money, that's a completely separate question. I expect everything to tighten down. Remember, the only advantage this stuff as as a financial instrument is the degree to which it can evade regulation. That's why crypto does not work for the remittance case, for example. And the absolutely comical nonsense attempts to use it as money in el salvador, which are just absolutely incredible

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