I do not dispute anything this article says. I just want to point out that the current reality of blockchains is harm. All the positives of blockchains are hypothetical scenarios, none of which currently exist. That's all there is to it.
Bitcoin is an impossible-to-dislodge behemoth that in my opinion fails to meet its original goals and has had ample chance to prove its worth, but has largely failed to do so.
Stuff like Solana is still "wasteful" in the sense that leaving a Digital Ocean droplet running in an infinite loop is wasteful, but it's on such a different order of magnitude that it certainly deserves a chance to prove its worth. It's also had much less time to do so than Bitcoin.
As mentioned above: I'm a noob at all of this and reserve for myself the right to flip-flop in the future :-)
So you directly compare a proven 13 year old blockchain moving billions of dollars to a centralized blockchain that goes offline monthly?
> I'm a noob at all of this and reserve for myself the right to flip-flop in the future :-)
Then refrain from having strong opinions like this:
> in my opinion fails to meet its original goals and has had ample chance to prove its worth, but has largely failed to do so.
[Citation needed]