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by m-i-l·7y ago·view on hn ↗
To all the cryptocurrency devotees dreaming of a new world cryptocurrency displacing existing government-backed central banks - be careful what you wish for, it just might come true. This might be the next phase of surveillance capitalism, like Orwell except driven by a private corporation for profit rather than accountable governments for "the greater good".
1 comments
You say that as if that's not what they want.
Well given the pseudoanonymous nature of the original cryptocurrency, and its popularity for illegal activities, I would assume not. But maybe it is more about rampant capitalism and maximise-personal-profit-at-whatever-cost nowadays.