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Comment by danaos | Hacker News Reader

> The entire article is of similar quality.

You cherry-picked some points and rebuffed them, then proceeded to generalize and dismiss all of them.

The reality is that any SQL database would be superior to every blockchain unless your motives are criminal nature.

Disclosure: I sold all of my cryptos in Q1 2018, after buying my first bitcoin in the summer of 2013 and loosing a (luckily) small chunk of it in the infamous MtGox hack.

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> The reality is that any SQL database would be superior to every blockchain unless your motives are criminal nature.

What if you're a person in China in the future, your social credit is crap, and the only way you can buy bread is over a government approved payment app?

I picked a few points, because rebutting all the article's ill-informed points would have meant writing an entire article myself, and I didn't have time for that.

If you hate blockchains in general, fine, but that's a different viewpoint than what the article espouses.

> The reality is that any SQL database would be superior to every blockchain unless your motives are criminal nature.

People in Venezuela and other political or economically opressed people around the world don't agree [1].

It seems you are wrongly extrapolating the context where you live.

[1] https://coin.dance/volume/localbitcoins

This is, I suppose, very similar to criminal motive, except that we find them sympathetic. A reminder that not all that is (locally, de facto) illegal is wrong.

One man's terrorist &c.

Similar to criminal motives? It seems you never had 0 (zero) dollars and needed to receive a few dollars from your family outside your country with a government fully controlling the flow of capital.

The government being in the way of letting you receive a few dollars from your family is what's similar.

Using bitcoins in Venezuela isn't illegal.

Those people would rather be using USD.

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