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I wasted years of my life in crypto

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681 points Anon84 | 1 comments | 07 Dec 25 12:57 UTC | HN request time: 0s | source
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hvb2 ◴[08 Dec 25 06:42 UTC] No.46189153[source]▶
> your bank account would just hold USDC or Bitcoin, and you could send a billion dollars to anyone in the world in a few seconds. That belief is powerful and I still ascribe to it.

These statements still surprise me to this day. If you're a good person engineer, why does sending money in seconds need blockchain? There's parts of the world where this is commonplace and free as well.

I don't believe cross border was there in 2010 or so but why not implement that feature in an existing system instead of building out a parallel universe

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1. lawn ◴[08 Dec 25 08:22 UTC] No.46189733[source]▶
> If you're a good person engineer, why does sending money in seconds need blockchain? There's parts of the world where this is commonplace and free as well.

The promise was to make this available for everyone, to send money everywhere.

For example for me in Sweden it's really, really hard to send money directly to people in Ukraine since the Swedish banks simply refuse to send money there.