>I believe there is a purpose for crypto in the backend of our financial system That seems paradoxical to me. The power of blockchain (to me, okay, I'm no bloc

>I believe there is a purpose for crypto in the backend of our financial system That seems paradoxical to me. The power of blockchain (to me, okay, I'm no blockchain expert, I'm barely a novice) comes from the number of people publicly using your blockchain because every user added makes it that much more difficult to execute a 51%-style attack on the blockchain. Stuffing blockchain under the rug by placing it exclusively on the back-end seems like you wouldn't actually be having people use it in a way that wouldn't be just as useful by including a hash on each transaction in your transaction DB. If we're being honest, the people "trading" cryptocurrencies on the current exchanges are antithetical to what crypto is about because they're not actually trading cryptocurrencies - they're trading the rights to the cryptocurrencies owned by the exchange. By centralizing the ownership of the cryptocurrencies to the exchanges instead of using their own wallet, they're again opening the gates further to a 51% attack.