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I'll explain it in a convoluted way. There is a saying that "knives don't kill people, other people do", which is statistically correct. Meaning that a vast maj
by Yizahi 3y ago
I'll explain it in a convoluted way. There is a saying that "knives don't kill people, other people do", which is statistically correct. Meaning that a vast majority of knives are utilized for benign purposes. And it is quite hard in multiple aspects to kill a person with a knife. Same saying can be used for guns, and suddenly not all agree with it. Because guns facilitate easier killing than a knife and simultaneously have smaller amount of benign purposes. And we can also use this saying for example for anthrax. Sure "anthrax" doesn't kill people, other people do. Despite that we don't allow people to buy anthrax freely, because there are no benign uses for it and killing ability is off the charts.
Tokens-as-a-currency is an example of this saying. Sure, they theoretically can be used for some benign legal uses, but technology and implementation is so bad that in practice it is never used as such (I repeat - for completely legal purposes). Most of the people using it are breaking some regulation or laws. Some people break laws in absurd amounts, stealing real money from the governments and funneling illicit gains into offshores.
So while most people can't formulate their aversion to the tokens, I think this is the subconscious reason for it - we are observing an unregulated anthrax in the financial world. The world which is corrupt and dysfunctional as is, but tokens destabilize and corrupt it even more now, making live of people shittier on average globally. And of course environmental aspect too.