The truth is that it’s all good enough and all of this is valuable to people. The currency stuff has a net negative impact on our society.
In the end, societies are build on trust, as you trust your bank not to steal your money. Seems that so many people get so into the technicalities yet don’t understand the larger system.
Our current systems for verifying identity are incredibly vulnerable as demonstrated by the huge number of identity theft scams. Pretending that it works well is laughable. Cryptographic signatures have their own issues but they present a way forward. Cryptocurrency is the domain where they are used on a wide scale. Ignoring this because you have an ingroup attachment to bashing cryptocurrency is silly. Sort of like if you willfully ignored the innovation of networked electronic trading systems in the '70s because you thought Wall Street is a scam.
It’s funny that the ransomware attacks are 100% enabled by crypto.
And aside from some bros gambling with crypto, cryptocurrency means nothing to 99.999% of the world population. Speaking of laughable.
Cryptocurrency only makes sense if you don’t understand society.
In the end, societies are build on trust, as you trust your bank not to steal your money. Seems that so many people get so into the technicalities yet don’t understand the larger system.