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> Blockchains, like everything in existence besides central banks, can’t create money. (Cryptocurrencies are not money or currencies.) However, they can create
by arinlen 4y ago
> Blockchains, like everything in existence besides central banks, can’t create money. (Cryptocurrencies are not money or currencies.) However, they can create value.
That's the type of facetious claim that leads everyone to tune off Blockchain/web3 snake oil salespersons. If your notion of value depends on your ability to generate artificial scarsity then it's not worth even debating.
> I don’t find the idea of a microtransaction every time someone visits a site to be repugnant at all. It costs me money (...)
Completely irrelevant. Like everything else in the whole world, if you're considering providing a service to the public but you think it would cost you too much to justify the trouble, then don't, and go do something fruitful with your life.
Just because you can come up with an idea to provide something, that does not mean you are automatically owed profit or even revenue, nor does it mean you are free to force everyone to hand over their hard-earned money to you just because you want to install your parking meter on their mouse button.