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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP is the same poster who asked 5 years ago if crypto would cause all banking to collapse; and if self-driving cars would cause the auto industry to collapse. How's that going?[/quote]

I work for a bank regulator.  Trust me when I say this, banks are worried!

https://www.bloomberg.com/news/articles/2026-05-15/crypto-s-win-on-landmark-legislation-reshapes-rivalry-with-banks[/quote]

But crypto has been around in a big way for 10+ years. Every year, we hear how it's going to take over the world, and it hasn't.

Yes, your link involves a potential US regulatory change, but other countries have always had looser rules. Some countries even adopted crypto as one of their official currencies (El Salvador). Yet, crypto has not done all these things people fear it will do, like get rid of banks; alleviate the need for USD/EUR/etc, and so on.

And how about self-driving cars? Just 5 years ago, people were saying maybe we won't even need to build houses with garages and driveways as we'll just summon a car on demand and it'll drive to us and drive us around. What happened to that?

In other words, every couple years, we hear about some "this will change everything" technology. Most do have some effect, especially at the fringes, but they have never really brought down major industries like higher ed, and I don't think they will now either.[/quote]

All I can tell you is that the politicians and the oligarchs have both bought in on crypto in the US.  In a big way.  That hasn't happened before.  I can't even tell you how many times I've heard, "... the US needs to be the king of crypto..." since Jan 2025.  I used to think the politicians would keep us safe.  After the last two leg actions, I'm pretty convinced they've drank the kool-aid also.  So ... we'll see.  But this thread isn't about crypto, so let's not hijack it.  [/quote]

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