> I can see all the challenges faced by cryptocurrency and understand the skepticism, but these takes that write off blockchain due to cryptocurrencies' problem

> I can see all the challenges faced by cryptocurrency and understand the skepticism, but these takes that write off blockchain due to cryptocurrencies' problems exhibit a sort of surface-level perspective that I can't take very seriously I would agree, if there were any use for the blockchain or PoW. It's dangerous nonsense because it's an industry consisting entirely of producing scams, with huge impact to the environment, availability of graphics cards, hard drives (thanks Bram Cohen), and free tiers of everything[1]. Even bandwidth has been turned into a get-rich-quick scheme! Waste bandwidth for coins! (Obvious result: increase in use of ISP transfer caps, and/or just a congested Internet for us all) It's one stop short of "mine my new cryptocurrency by throwing away food". People will start stealing your food deliveries in order to throw them in the trash, for money. That's the equivalent of what's happening whenever some blockchain-buzzword new scam is created, but in internet form. So the fact that it ruins everything is why it's dangerous. It only creates problems, and only "solves" problems by the definition of "when I want to break the law then it's a problem that I'm not allowed to". That's why it's nonsense. [1] You can't launch a free tier turing complete anything today without having ALL your resources be taken by freeloading cryptojerks. Like if your free online puzzle game was accidentally turing complete (or less, since that's not even a hard requirement) then someone somewhere will start burning all your quota and money calculating hashes. Like if you make "the game of life" processed server side I'm sure someone will turn it into a bitcoin miner.