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I mean the technology is highly damaging to society in a whole bunch of ways, damaging the environment, supporting fraud and ransomware, used for money launderi

I mean the technology is highly damaging to society in a whole bunch of ways, damaging the environment, supporting fraud and ransomware, used for money laundering, funding crime, and if it gets integrated into the financial system like some want it to be, it could even destroy human civilization: https://benoitessiambre.com/specter.html https://benoitessiambre.com/specter.html (even Douglas Adams tried to warn us 40 years ago). So it's a relief when it looks more like it's going away or at least staying contained.

broighbrobroigh 5y ago
It's already integrated into the financial system. I'm sorry you live your life in terror of a poorly supported hyperbolic hypothesis.
zaptrem 5y ago
As a crypto miner/holder/user since 2011, that article was really great. I think blockchains (esp. programmable ones) have or will have significant real value in making markets more efficient and transactions lower friction, but right now blind speculation is driving 99% of the market. IMO while this brings lots of useful funding to speed along development, it could also endanger the true purpose of the tech.