What the collapse of crypto can teach us about BEE | The Citizen

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What the collapse of crypto can teach us about BEE | The Citizen
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Crypto-bros and proponents of BEE all need to realise that dismissing the criticism of your ideas doesn't remove them. It only hides the failures. 🪙

There was hardly ever a drive to do good with the blockchain.

You know the type; they usually start a podcast that employs the term “umm” at the beginning of every sentence, because who has time to prepare when you’re working so hard making money? Yet, every time dad asked you what backs up crypto, instead of engaging, you got dismissive. Criticism of blockchain was met with “you don’t get it”, “you’re old”, “fiat currency is a thing of the past”, “this is the future” and non-engaging rhetoric.While those responses did work to stop the inquiring, they did not invalidate the criticism. Moreover, they certainly didn’t do anything to answer the criticism.

I mean, if the building is standing, it’s standing. Who cares if it’s propped up by a sandstone that’s going to dissipate in ten years? Until then, we’re sipping cocktails in the penthouse.

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