Re:Yes, Crypto Is All a Scam
by darkerside on Tuesday February 07, 2023 @08:18AM
(#34692333)
Well, there's a lot of us. Someone's bound to. Call it the Malice of Crowds.
E.O. Wilson once said of communism, 'Great idea, wrong species.' Whether or not that was true of communism, it seems true of crypto. It has some brilliant technical ideas and clever solutions to perceived issues with traditional currencies, but the result is a system that doesn't work in practice because of how human individuals, communities, and social systems function.
I can understand the appeal, but I do find it amusing how we (humans) instantly abuse anything if modicum of abuse is possible :)