realsunnyg

So just more of what they do already, and a bit more transparently?

That isn’t the trilemma - it’s decentralization, scalability and global state.

I think most were designed to create a profit for at least one party...

Saying that trust can be abused and thus it should be eradicated entirely from social systems is cynicism, not realism.

There's a spectrum of social system development with regards to trust that has yet to be fully explored - centralized/federated "trusted" authorities in the middle, Bitcoin and most blockchains/tokens to the left (i.e. no trust at all) and some other form of p2p money or credit to the right (i.e. p2p, completely decentralized trust).

That the Bitcoin community doesn't even recognize that an entire half of space for innovation exists is what makes this mindset "destructive."

edit: grammar

Agreed. "Proof of Waste" seems to be a more accurate description of what's actually measured and involved in the algorithm, though it doesn't market as well.