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The original was posted on /r/nanocurrency by /u/Duedeldueb on 2024-01-20 13:44:41.

I could bring this topic to any crypto forum, but it seems to me that the Nano community is open-minded enough and the team leadership close enough that it’s okay to bring this up here:

Crypto is failing to integrate with real world payment systems. Period.

Crypto fails because there is no real support for taxation. Period.

It would be easy to implement, sponsor or initiate both with the many millions or billions that “core teams” earn. It is not done. Not even seriously tried.

For some, like Nano, I think it was initially a strategic/idealistic mistake, then there was a lack of capital. For many other cryptocurrencies, it’s now intentional: for the developers, who often have 50% of the issued coins/tokens, and the infrastructure providers, like DEX and LP, it’s a wonderful business to play with the dream of mass adoption, pretending to wait for it, but not doing it themselves or funding it.

As we move coins, swap, pack from a wallet to a CEX, stack, unstack and back again. They earn and we lose.