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> I care about the bloggers that make these flippant dismissals instead of talking about the impractical things that are possible. I simultaneously observe that

> I care about the bloggers that make these flippant dismissals instead of talking about the impractical things that are possible. I simultaneously observe that the impractical things can be made more practical. Why, though? What's the sell? What does a decentralized future get me, concretely, that I don't have now? Appeals to user privacy and data ownership aren't concrete things. Concrete things are faster loading times, or new features that are impossible or infeasible in other architectures. In these dimensions -- the only ones that matter -- I can't see how decentralization is anything other than an enormous step backwards?

landemva 5y ago
Those fortunate to live in a place with somewhat stable currency, decent rule of law, and decent banking often don't see the advantages of holding assets without custodians. My keys, my coins.
- preseinger 5y ago
  > Those fortunate to live in a place with somewhat stable currency, decent rule of law, and decent banking often don't see the advantages of holding assets without custodians. This describes every place on Earth except -- arguably -- Venezuela and Somalia. And the solution to Venezuela and Somalia is to fix the government! Not to just sigh and assume their broken societies are somehow inevitable and to treat them as default. --- > My keys, my coins. When you lose your keys -- which, statistically, you absolutely will -- is it appropriate that you should also forfeit your wealth? (This is a rhetorical question.) "Custodians" are not a bug. They are a feature.
  - genge 5y ago
    > This describes every place on Earth except -- arguably -- Venezuela and Somalia. That's just ignorance. Argentina, a G20 member, has had banks not allow it's citizens access their accounts in 2002. Currently they don't allow their citizens to buy dollars and have a black market for it. Banks change rules constantly trying to adapt to new laws. This is a similar thing occuring in many countries. Russia and Ukraine have also strong issues due to the current situation, and citizens are adopting crypto because of it. Just because you don't know about it, doesn't mean it doesn't exist. >And the solution to Venezuela and Somalia is to fix the government Oh. So as a citizen I have to just fix my goverment! Thanks for the suggestion.
    - preseinger 5y ago
      Argentina has a curious economic situation but inarguably the rule of law and a coherent banking system. Russia self-subverts their currency but is otherwise stable. Ukraine is under siege so many things are up in the air. None of these nations qualify under your rules. And yes, you have to fix your government. That's how society works.

landemva 5y ago

Those fortunate to live in a place with somewhat stable currency, decent rule of law, and decent banking often don't see the advantages of holding assets without custodians. My keys, my coins.

preseinger 5y ago
> Those fortunate to live in a place with somewhat stable currency, decent rule of law, and decent banking often don't see the advantages of holding assets without custodians. This describes every place on Earth except -- arguably -- Venezuela and Somalia. And the solution to Venezuela and Somalia is to fix the government! Not to just sigh and assume their broken societies are somehow inevitable and to treat them as default. --- > My keys, my coins. When you lose your keys -- which, statistically, you absolutely will -- is it appropriate that you should also forfeit your wealth? (This is a rhetorical question.) "Custodians" are not a bug. They are a feature.
- genge 5y ago
  > This describes every place on Earth except -- arguably -- Venezuela and Somalia. That's just ignorance. Argentina, a G20 member, has had banks not allow it's citizens access their accounts in 2002. Currently they don't allow their citizens to buy dollars and have a black market for it. Banks change rules constantly trying to adapt to new laws. This is a similar thing occuring in many countries. Russia and Ukraine have also strong issues due to the current situation, and citizens are adopting crypto because of it. Just because you don't know about it, doesn't mean it doesn't exist. >And the solution to Venezuela and Somalia is to fix the government Oh. So as a citizen I have to just fix my goverment! Thanks for the suggestion.
  - preseinger 5y ago
    Argentina has a curious economic situation but inarguably the rule of law and a coherent banking system. Russia self-subverts their currency but is otherwise stable. Ukraine is under siege so many things are up in the air. None of these nations qualify under your rules. And yes, you have to fix your government. That's how society works.