this post was submitted on 02 Feb 2024
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Crypto =/= blockchain.
If you can't see the utility of blockchain with regards to things like actual, verifiable digital ownership, then I don't know what to tell you.
How about first we see a version that isn't a scam? We've seen plenty of scam versions so far.
Imagine if you will... the dollar (cash) was invented today, up until now all there was was long-established crypto currency.
Suddenly there's all sorts of scams where crooks trick people out of their dollars. Others are getting straight robbed and have no recourse to get their cash back. Cops often don't believe you as you have little evidence of the $1000 you just had. Yet others are getting scammed by "banks" that disappear soon after accepting deposits as there is no state regulation.
What you're seeing is not a problem inherent in crypto-currency or blockchains, it's a new tool. Many new tools are used most effectively by "the bad guys" first. Even look at Mp3s, the first 5 years of their existence their purpose was basically to rob record companies. Are mp3s a scam?
Don't let banks and authorities convince you that one of the most effective weapons against them is a scam against you. You don't think the banks are telling you the truth.. this time.. right?
I'm looking at the current evidence, not "what banks are telling me".
Of course! You have access to actual evidence and not articles directly or indirectly funded by those who would be harmed by moving away from the current system. And of course you've considered it without bias or influence from that group. You are not being propagandized to, no way.