https://www.cnbc.com/2025/01/17/vanguard-fined-more-than-100...
https://asic.gov.au/about-asic/news-centre/find-a-media-rele...
https://www.reuters.com/business/finance/vanguard-fined-prov...
However, to the extent that those things are bad, they are much less bad than my trust in myself to securely manage a crypto wallet key.
If there was some magic thing that just automatically worked and I could somehow trust it, I would be all in. That's not the case for any cryptocurrency I know of because you need to A) maintain access to your wallet key and B) prevent other people from getting it and C) don't inadvertantly click any of those links that drain your account that I've heard of (I don't understand the details)
If you can put in the research and discipline to satisfy those requirements, I'm certainly not going to try to talk you out of it, but they're way to steep for us normies.
Just because the UX sucks today, doesn't mean the fundamental underlying technology isn't something worth building on.
By the way, if you think crypto UX is hard, try trading options with thinkorswim.
You've misunderstood me. I have no interest in shitty UX. A competition for the shittiest UX is like the lowest high jump. You want a shitty UX? I can get you one by 4:30, with nail polish. The fact that extremely confusing UX is easy to find in no way mitigates a merely very confusing UX.
I kind of agree with you though. Cryptocurrency is kind of a neat idea. Shame about the actual manifestation though. I'm not opposed on principle. If anyone ever figures out how to make it good, I'll check it out. But in the first 15 years, nothing reasonable has emerged. I don't have much hope for the next 15 years either.
Maybe someone will figure it out, but I don't think that's actually going to happen. So I don't think investments in cryptocurrency research or whatever is a good idea.
