I mean… I could also post articles on Fidelity and Ernst & Young investing in the technology, Stripe, Square, obviously Facebook and a whole host of other compa

I mean… I could also post articles on Fidelity and Ernst & Young investing in the technology, Stripe, Square, obviously Facebook and a whole host of other companies in this announcement, etc, but it feels very much like you've decided your conclusion and are simply feeding it with whatever journalism confirms it. Regardless, you asked for a more targeted argument, I asked you for the same, and your response was 5 different articles on 5 different things. That's not targeted, it's the literal opposite. The problem with not being targeted is you have to pick a thing that you're disagreeing with. Here you seem to be disagreeing with “people think blockchain is useful”. But… There's plenty of evidence that isn't true in the general case, even if specific groups certainly don't think it's useful. Alternatively, we'll take your opening statement of “All cryptocurrency is a scam”---which is both not targeted (‘all’ is the operative word there) and not really supported by your articles since they're all about specific people or specific attempts. It's fine to be a skeptic, by the way! I take no issue with you not particularly believing in the hype; my own take on the hype is considerably more skeptical than the louder folks. Just… Maybe don't put down other people's arguments unless you're willing to put in the time to make a better one? To your other points: (a) you can have a mostly-technological solution in a world whose final resolution mechanism is human and legal; (b) there are plenty of companies in the cryptocurrency space still operating with SEC approval, including teams that did ICOs; (c) cryptocurrency, even the completely public/trustless type, isn't mutually incompatible with banks as a concept, though it could eliminate certain aspects of banks that require direct human intervention in the long term. None of these things are here yet. Technology takes time, and the difficulty with technology that's built in the open is that it's in the public eye long before it's fully ready for prime time, so the debates about it happen in the public eye. A classic example is the Tanenbaum-Torvalds debate[1], except cryptocurrencies are being developed in a world that is 1000 times more connected than the Linux kernel was, and they are ostensibly applicable to considerably more people. [1] https://en.wikipedia.org/wiki/Tanenbaum–Torvalds_debate https://en.wikipedia.org/wiki/Tanenbaum–Torvalds_debate