First, I can't stand these people who qualify their logic based on "My crypto friends say ...", "All my start friends are saying ... ", "All my friends who are

First, I can't stand these people who qualify their logic based on "My crypto friends say ...", "All my start friends are saying ... ", "All my friends who are building distributed systems say ...", instead of 100% being responsible for their own words. I see them as lazy cowards who takes other people's words and transforms them into attention (a.k.a. retweets, viral posts, media mentions, ad revenue, etc.) Second, some thoughts on this specific argument. This whole thread is based on an assumption that "skilled distributed systems engineer" is an authority when it comes to Bitcoin or blockchain. Except they aren't. I would even go further to say that the very developers who are working on Bitcoin protocol itself cannot be trusted as an "authority". They may be very good at cryptography and coding, but it is very difficult for one individual who has made a career out of a single expertise suddenly become an "expert" in all things combined (economics, coding, cryptography, game theory). Especially the economics part, if you're coming from a programmer background. A lot of programmers seem to THINK they understand how Bitcoin works after reading an economics 101 book, but the thing is, even the economists are never 100% certain about their theories. There's a good reason why there are multiple parties of thoughts in economics. I once read a blog post from a guy who's very well respected in the Bitcoin community who wrote a post about "crypto keynesians" and "crypto austrians", and it was so obvious that he had no idea what he's talking about because he got it completely opposite. The post only made sense if you interpret what an "austrian economist" and "keynesian economist" is on an extremely superficial and shallow level, perhaps reading a couple of blog posts or investopedia articles on that topic. I think people really need to be humble when they talk about this topic because I'm pretty sure it's really hard for one person with narrow expertise--unless she/he is very motivated to learn everything--to understand Bitcoin/blockchain as a whole. This is especially true for those who just have one expertise and never really delved into the rest because they think it's a bullshit technology even before learning about what actually powers it. And I have yet to see a single person who's dived really far into learning everything Bitcoin is made up of and come away thinking this whole trustless ledger thing is a fad and a bullshit. Some may get disillusioned that the current existing solutions don't satisfy what they were promised, but even these people still they understand that this doesn't mean the whole idea of a trustless ledger is a sham. They would only think there's got to be a better solution.