Re:People don't want to run their own bank
by mbesto on Friday February 04, 2022 @01:50PM
(#30211206)
> It addresses a specific set of problems or use cases as does all software. Crypto just attempts to claw back a limited subset of privacy.
And it's just that - an attempt. If it makes you feel better that you feel like your thwarting the government then have at it.
> I never indicated that it does
Unless Crypto is widely adopted, then it doesn't solve any of the aforementioned things you mentioned.
> the pitfalls and complications are worth it.
They might seem like their worth it, until you realize you can't gain any of the benefits you mentioned without having solutions for the discussion of "who is going to pay for this bridge".
The fact that crypto advocates don't think of any of these logistics is what makes me not take any of your arguments seriously.
And it's just that - an attempt. If it makes you feel better that you feel like your thwarting the government then have at it.
> I never indicated that it does
Unless Crypto is widely adopted, then it doesn't solve any of the aforementioned things you mentioned.
> the pitfalls and complications are worth it.
They might seem like their worth it, until you realize you can't gain any of the benefits you mentioned without having solutions for the discussion of "who is going to pay for this bridge".
The fact that crypto advocates don't think of any of these logistics is what makes me not take any of your arguments seriously.