So if your personal anecdote "shuts down" my argument, then my personal anecdote of never having these problems sure as hell shuts yours.
What crypto peddlers don't understand is that:
- money transfer doesn't need blockchain in any shape or form
- restrictions and regulations exist for a reason, and these reasons are being rapidly discovered by all the people who are being scammed in the web3 space
- the moment money transfer over presents even a fraction of what banks routinely do, they will introduce same money transfers at a fraction of the cost (and they already have, in many parts of the world, but not because of blockchain)
What YOU don't understand that bitcoin has 2 key properties: permissionless and artificial scarcity. I haven't heard of any successful implementation of both without the use of Blockchain. Have you? Whatever else you'd offer would have a CA at the core which can censor and block people under duress or at will.
Restrictions and regulations exist for a reason, here I agree with you. What I don't agree with it that this regulation is good. I think most of it is veryverybad for people, designed to keep them under control. In my country, this control takes very draconian forms against anyone who is in opposition to the (criminal) government.
> 2 key properties: permissionless and artificial scarcity. I haven't heard of any successful implementation of both without the use of Blockchain. Have you?
Perhaps Because they are not that interesting or useful? So far you've given me two "solutions" in search of a problem.
> What I don't agree with it that this regulation is good. I think most of it is very very bad for people, designed to keep them under control.
Go and read something on food and drug safety (like Horse Named Jim, https://en.wikipedia.org/wiki/Jim_(horse)), an automotive safety, on emission safety, on workplace safety, on...
There's high probability that you're alive and healthy today precisely because of regulations.
> In my country, this control takes very draconian forms against anyone who is in opposition to the (criminal) government.
Ah yes. And crypto will surely help with that because that criminal government will never ever find a way to bust you for trying to convert that "censorship resistant crypto" into, you know, actual money you have to pay for food, rent, electricity etc.
It really isn't.
> I wasn't poor
I, I, I.
So if your personal anecdote "shuts down" my argument, then my personal anecdote of never having these problems sure as hell shuts yours.
What crypto peddlers don't understand is that:
- money transfer doesn't need blockchain in any shape or form
- restrictions and regulations exist for a reason, and these reasons are being rapidly discovered by all the people who are being scammed in the web3 space
- the moment money transfer over presents even a fraction of what banks routinely do, they will introduce same money transfers at a fraction of the cost (and they already have, in many parts of the world, but not because of blockchain)