> You also can't deny that there are ideas which threaten state control, monetary policy, nationalistic ideals, religion its self.
Phew. Yeah, we all felt that. In 2010.
Now while we're reminiscing the past, I know another one! Lets provocatively ask: Isn't the colossal energy wasting worth freedom and all? - So exciting, wasn't it? And don't get me started on Wikileaks donations!
Reality has moved on, and nothing screams ponzi scheme more, than followers repeating decade old talking points, aged like milk, into dogma. Lol, I am pretty sure the vast majority of people doesn't even want that idea of ancap freedom, unregulated markets and tax evasion.
Crypto is not just Bitcoin, and crypto is not just Proof-Of-Work. Other blockchains who can be just as decentralized and censorship-resistant exist.
(In the spirit of DRY, I think it is time we collectively write all an adversarial collaboration about crypto on some wiki page. Then I can at least just respond with a link to the rebuttal of the same tired and lazy arguments that crypto-skeptics make)
> Crypto is not just Bitcoin, and crypto is not just Proof-Of-Work.
Sure. Theoretically. Are you suggesting "crypto" isn't almost entirely proof-of-work - de facto? You think those invested care for proof-of-stake? Lol.
> same tired and lazy arguments that crypto-skeptics make
HyDrOpOweR!1! (Deprecated in 2021)
But hey, I am all for the wiki. Actually, I wonder why that hasn't happened yet...
Anyway, I don't want to make the impression all innovation in crypto fanfiction in the last decade has been lost on me! For example, I do recognize, that Bitcoin isn't promoted as currency anymore - because it utterly sucks for transactions. It's "like Gold!" now, or something. Very progressive.
> You think those invested care for proof-of-stake?
Enough to stake more than 8 Million ETH (about ~35 Billion dollars) [0]
> because it utterly sucks for transactions.
Again taking Bitcoin as a whole of crypto?
Yes, Bitcoin has failed as a currency. Yes, the "digital gold" narrative is bogus. Yes, there will be a lot of Bitcoin maxis who will have to deal with the terrible realization that their "sound money" is worthless. Can we move on now?
Phew. Yeah, we all felt that. In 2010.
Now while we're reminiscing the past, I know another one! Lets provocatively ask: Isn't the colossal energy wasting worth freedom and all? - So exciting, wasn't it? And don't get me started on Wikileaks donations!
Reality has moved on, and nothing screams ponzi scheme more, than followers repeating decade old talking points, aged like milk, into dogma. Lol, I am pretty sure the vast majority of people doesn't even want that idea of ancap freedom, unregulated markets and tax evasion.