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The problem, for me (and I'm hardly an expert) is that you need a considerable amount of double speak to work through it. Anonymous? No, this isn't going to he

The problem, for me (and I'm hardly an expert) is that you need a considerable amount of double speak to work through it. Anonymous? No, this isn't going to help with censorship. Crypto that's world changing? How we all forget history. My problems with crypto run deep, but it's really a high-level poker game. I know I'm a sucker that doesn't know the rules, but 99% who's diving in aren't aware of this fact. Distributed / decentralized internet? Ugh... Let's talk when our cell phones have 100tb of storage. I've had the misfortune of working on crypto contracts. I'll never do it again. If you honestly believe your information is safe or if you believe the developers working on this stuff are l33t, I'm sorry, but I have to burst your bubble. In my opinion, the tech is interesting in it's own right for research, but real-world uses has shown it to be dangerous, and I don't see that changing anytime soon.

slededit 9y ago
> Anonymous Bitcoin is almost the opposite however ZCash and Monero do offer anonymity. > World Changing The world has changed because of cryptocoins. It's empowered criminals but it's also become a way to get around price controls (e.g. The adoption in Cyprus). Not always for the better but certainly it has caused change. There are a lot of people who don't know what they are doing in this space but that is to be expected from any new technology with mass adoption. Very few people even in established industries have the whole picture - yet they are able to operate in their niche.
- arisAlexis 9y ago
  actually the amount of criminals using cryptocurrency is very minimal there are reports from EU official bodies. This is a myth. Also capital controls are in Greece but very few people use it. A much better example is Venezuela where many people do.
  - spiralx 9y ago
    > A much better example is Venezuela where many people do. I've yet to see any evidence of this being true, it appears to be a claim backed by endless "news" articles that have sourced other such articles in some giant stack of crypto-turtles.
- dizzystar 9y ago
  I may not have been clear on that. There are maybe 1/1000 people who knows the rules of the game. Everyone else is getting pokered to death. It's a fish-vs-shark game, and I'm rather confused that so few people don't see it. I don't think there is any future for cryptocurrency.

slededit 9y ago

> Anonymous Bitcoin is almost the opposite however ZCash and Monero do offer anonymity. > World Changing The world has changed because of cryptocoins. It's empowered criminals but it's also become a way to get around price controls (e.g. The adoption in Cyprus). Not always for the better but certainly it has caused change. There are a lot of people who don't know what they are doing in this space but that is to be expected from any new technology with mass adoption. Very few people even in established industries have the whole picture - yet they are able to operate in their niche.

arisAlexis 9y ago
actually the amount of criminals using cryptocurrency is very minimal there are reports from EU official bodies. This is a myth. Also capital controls are in Greece but very few people use it. A much better example is Venezuela where many people do.
- spiralx 9y ago
  > A much better example is Venezuela where many people do. I've yet to see any evidence of this being true, it appears to be a claim backed by endless "news" articles that have sourced other such articles in some giant stack of crypto-turtles.
dizzystar 9y ago
I may not have been clear on that. There are maybe 1/1000 people who knows the rules of the game. Everyone else is getting pokered to death. It's a fish-vs-shark game, and I'm rather confused that so few people don't see it. I don't think there is any future for cryptocurrency.