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A comment on Vitalik Buterin is worried about crypto's future. Parent comment

Re:Vitalik Buterin is worried about crypto's future by Spartan112 on Monday March 21, 2022 @09:57AM (#30754166)
You can have an efficient computing system, centralized databases or banks.

However, they can be manipulated at will by a centralized authority.

Now, if you want no one being able to manipulate it, you have Ethereum.

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Re:Vitalik Buterin is worried about crypto's future by otterley on Monday March 21, 2022 @10:16AM (#30754391)
What underlying serious societal problem are we solving, though, really? Was the world awash in crime resulting from fraud via database manipulation?
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Re:Vitalik Buterin is worried about crypto's future by the_snooze on Monday March 21, 2022 @10:30AM (#30754540)
Yeah, I'd like to know the answer to your question too. The original Bitcoin whitepaper proposed the decentralized ledger in order to enable Bitcoin transactions. But somehow that got warped into decentralized ledgers being the cure for all that ails the world.
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Re:Vitalik Buterin is worried about crypto's future by emerged on Monday March 21, 2022 @11:24AM (#30755141)
Not to mention whatever fraud crypto might prevent is replaced by an entire fraudulent industry.
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