RE: Mainstream Adoption: Cryptocurrency Funding Real World Economy

. . . often reinforcing the idea that cryptocurrency is a scam.

Isn't this because the "lawful scammers" sell this kind of idea that the clueless majority are embracing gullibly?

Glad to see the progress of the Hive Borehole Project. We need more of this type of project.

. . . the private sector often can get things done in a more efficient way, especially if there is corruption involved.

My head really spins whenever I hear clueless comrades praising the superiority of government service over the private sector. It puzzles me about the kind of world they live in.

One of the challenges with funding real economy projects with cryptocurrency is the government's stance on it being a security. Here is where decentralization provides the answer. If there is a way to fund companies via crypto while operating outside the reach of governments, we could see an entire different scenario emerging.

Not only does government fail in fulfilling its obligations, but they also prevent private initiatives outside its control to grow the economy. They promise to give but ended up taking 3x times and even more than what they give. I love to see how decentralized entities find that way outside the reach of the parasitical class.

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