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Crypto solves no problems for ordinary users. Literally and actually, with no exceptions, no consumer cares about a public ledger or any of its other features.
by rocket_surgeron 4y ago
Crypto solves no problems for ordinary users.
Literally and actually, with no exceptions, no consumer cares about a public ledger or any of its other features. They do care about being able to dispute a transaction if they are scammed or unhappy.
Crypto solves tons of problems for paranoiac techbros and get-rich-quick schemers.
- cma 4y agoMany care about a public ledger in a negative sense. If Amazon changed tbe default to public order history people would be pissed.
- CM30 4y agoCrypto only solves problems for ordinary users in cases where the society around them has collapsed or is on the verge of doing so. As you say, this doesn't help most people in normally functioning societies, unless they're doing something where any sort of regulation is dangerous to them (often criminal activities and get rich quick schemes). On the other hand I can see it being useful if the country is in complete meltdown, either due to a war, massive economic problems and overinflation (to Zimbabwe or Weimar Republic levels) or an authoritarian dictatorship.
- SideburnsOfDoom 4y ago> On the other hand I can see it being useful if the country is in complete meltdown, Oh really? So when there's no laptops or phones to buy, or electricity to make them work, Cryptocurrency will be, you say, at it's most useful? That's certainly a point of view.
- WeylandYutani 4y agoWhen society has collapsed a currency based on 24 hour electricity and internet infrastructure seems counterintuitive.
- drexlspivey 4y agoPlease explain why I need to provide my real name, email and home address to purchase an online service (say a NYT subscription).
- rocket_surgeron 4y agoSo you can be marketed to. If you have a problem, do not partake.
- drexlspivey 4y agoYou don't need real name and home address to send a marketing email..