Hating on 'crypto' is no different than hating on software, or being against cHeMiCaLs.
Are you against guns? The gov uses them against us all the time. Your logic would have the 2A repealed...
Are you against automobiles? The gov...
Are you against math? The gov...
All things are neutral until people decide to use them for good/bad.
Blockchains enable trustless, decentralized payment systems. They could be implemented to eliminate all government, banks, insurance companies, etc. Don't confuse implementation with its underlying technology.
There aren't many complaints about all of crypto that don't also apply to fiat. The most popular one is crypto's need for electricity, computers, and internet. While it's valid that it isn't practical/possible to use blockchains without these things, neither is using fiat. 97% of US dollars were digitally created in the last 2 years. You ever tried travelling with cash/gold/silver? Ever seen bank without computers? The current world does not function without electricity/computers.
A blockchain is just a ledger that is cryptographically tamper evident. The only difference between a central bank crypto and our current system is the ledger isn't encrypted in this way. Centralization is the problem, not whatever tool they decide to use.
The only real difference between any form of currency is who controls it.
A centralized currency could function just fine with a benevolent money master you trusted. Since we absolutely cannot trust our money master, the only solutions are trustless systems.
Do you know of anything besides crypto than can be used as a trustless payment system?
Blanket hating on crypto because of what the gov could do with it is retardedly redundant, and irrelevant. It's the gov/FED/Central Banks, of course they're doing bad things with everything. Nuclear energy/bombs. Food crops diverted to ethanol production...
Everyone that is against crypto as a whole, but isn't against all forms of currency, and doesn't provide an alternative to blockchain tech and central banking is either shilling, or simply afraid of what they don't understand.
Hating on 'crypto' is no different than hating on software, or being against cHeMiCaLs.
Are you against guns? The gov uses them against us all the time. Your logic would have the 2A repealed...
Are you against automobiles? The gov...
Are you against math? The gov...
All things are neutral until people decide to use them for good/bad.
Blockchains enable trustless, decentralized payment systems. They could be implemented to eliminate all government, banks, insurance companies, etc. Don't confuse implementation with its underlying technology.
There aren't many complaints about all of crypto that don't also apply to fiat. The most popular one is crypto's need for electricity, computers, and internet. While it's valid that it isn't practical/possible to use blockchains without these things, neither is using fiat. 97% of US dollars were digitally created in the last 2 years. You ever tried travelling with cash/gold/silver? Ever seen bank without computers? The current world does not function without electricity/computers.
A blockchain is just a ledger that is cryptographically tamper evident. The only difference between a central bank crypto and our current system is the ledger isn't encrypted in this way. Centralization is the problem, not whatever tool they decide to use.
The only real difference between any form of currency is who controls it.
A centralized currency could function just fine with a benevolent money master you trusted. Since we absolutely cannot trust our money master, the only solutions are trustless systems.
Do you know of anything besides crypto than can be used as a trustless payment system?
Blanket hating on crypto because of what the gov could do with it is retardedly redundant, and irrelevant. It's the gov/FED/Central Banks, of course they're doing bad things with everything. Nuclear energy/bombs. Food crops diverted to ethanol production...
Everyone that is against crypto as a whole, but isn't against all forms of currency, and doesn't provide an alternative to blockchain tech and central banking is either shilling, or simply afraid of what they don't understand.