Why Blockchain is not going to be the next big thing?
integritytalk.substack.com
integritytalk.substack.com
That is just wrong. The crypto movement is not just people and not everybody of them defines himself as "against financial institutions". It is like claiming all Linux people as "against Windows".
> Why Blockchain is not going to be the next big thing?
Because it has been established as previous one?
Just as I and all the crypto skeptics have already said, You cannot use any of these crypto tokens as a form of fast payment, without scams, without damaging the planet, without the huge volatility and speculation and without it also being used on the dark net.
There is no real world legal use-case and it is a complete scam.
I really like the idea of having an "ssh for money" even if its less fast. Early this year a bank randomly closed my account for no reason without telling me and mailed the contents to my sister's house in a cashiers check.
Compared to what? Sending funds to residents of some parts of the world might be frustrating as hell if using not crypto.
> without scams
Consider to learn something about an idea of trustless.
> without damaging the planet
Consider to find a good use of extra heat if you are mining.
> without the huge volatility
Let me guess - your country is not being invaded by enemy soldiers and its currency is not being in free fall.
> and speculation
Thanks Satoshi I do not need to ask some authorities about what to buy and when to sell it.
> without it also being used on the dark net.
You have chosen a wrong goal to follow, dark net does not mean dark ages.
> There is no real world legal use-case and it is a complete scam.
So, maybe you're living not in real world? In a world where everybody from governments is always fair? And evil Satoshi Nakamoto steals your money/coins/soberness?
Because in reality, No token, blockchain or "coin" fits any of this, which means there isn't a use-case at all, which is exactly what all the crypto skeptics including myself are saying.
Even bigger pity is that you refuse to consider your "valid" criteria as too shaped towards your wishes.
> not even with a token that fits all the criteria
Totally wrong! US Dollar seems to be perfect for your criteria of not being a Satoshi's designed currency.
So the 'Bitcoin' token you've mentioned is fast and stable right? I should be able to pay for something in bitcoin in the grocery store on chain without the price fluctuating?
> Totally wrong! US Dollar seems to be perfect for your criteria of not being a Satoshi's designed currency.
OK? you've just proved my point exactly, then why use any of these crypto tokens at all? All pointless.