Quote from: Instamined on April 17, 2017, 08:39:50 AM

Truth be told, I feel similarly about the stock, currency, and commodities markets.

To me, everything that is available to the consumer comes from the work of the manual laborers. The people who truly work to make services and products available through menial tasks.

Although this lowest rung performs the majority of the true, intensive labor they are upended by people who use trading to generate income from having wealth.

That's the crux of the issue, there is no changing it, but it makes for some really unhealthy societal tensions which I believe manifest almost exclusively from this. Laborers are divorced from profit to such a degree that it is maddening.

The cryptocurrency scene imitates this already 'unfair' system yet removes the purpose of funding enterprises who produce goods and services. What's left is a decrepit circus trying to pass itself off as legitimate.

I understand why the cryptocurrency markets and 'real' markets operate how they do and free-trade is unavoidable. However, that doesn't mean that I find anything redeeming about the crypto side which is the same thing repackaged a million times.

This is sort of true in that there are huge amounts of pump-and-dumps and manipulation in the small cryptocurrencies and the shitcoins. But that's just a side effect of this trading market. There are also original coins, like Monero or ETH, which do try to achieve something with blockchain technology and build a niche.

The only problem is the prominence of this "anarcho-capitalism" which always results in giant rungs in a ladder because the people who are so desperate to be "free" have pretty illogical views on capitalism and how things like this are going to work out.