Do you really want to switch discussion to personalities?
> and dragnet surveillance and the power to freeze or seize money from anyone's account at will
You still miss the point. Crypto is money only if it can be used to buy real world goods. If I control the real world then you can have all the crypto you want and still not be able to buy a loaf of bread.
> I actually know the numbers
Actually no. You are comparing apples to oranges. A transaction in a centralized database is always cheaper than in a distributed one. No exceptions.
> Says who?
I do. All your arguments still miss the fundamental issue with the distributed ledger: it's more expensive to operate than a centralized ledger. It's really that simple. 2 > 1. No amount of research and algorithms will change the fact that 2 is greater than 1.
The only reason you would pay more if you cannot get it for less. In case of a distributed ledger you would use it only when the centralized one is not available. The only known case when the centralized is not available is when it's unlawful.
> This literally took decades
No. All the techologies you listed were immediately useful. Blockchain has been around for more than 10 years. It's still not used for anything but circumvention of regulations.
Do you really want to switch discussion to personalities?
> and dragnet surveillance and the power to freeze or seize money from anyone's account at will
You still miss the point. Crypto is money only if it can be used to buy real world goods. If I control the real world then you can have all the crypto you want and still not be able to buy a loaf of bread.
> I actually know the numbers
Actually no. You are comparing apples to oranges. A transaction in a centralized database is always cheaper than in a distributed one. No exceptions.
> Says who?
I do. All your arguments still miss the fundamental issue with the distributed ledger: it's more expensive to operate than a centralized ledger. It's really that simple. 2 > 1. No amount of research and algorithms will change the fact that 2 is greater than 1.
The only reason you would pay more if you cannot get it for less. In case of a distributed ledger you would use it only when the centralized one is not available. The only known case when the centralized is not available is when it's unlawful.
> This literally took decades
No. All the techologies you listed were immediately useful. Blockchain has been around for more than 10 years. It's still not used for anything but circumvention of regulations.
> Really no idea what you are on about here.
Yes, I noticed.