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by choward 1622 days ago
Exactly. This is my problem with all these things people claim blockchain technology will solve. People think it's magically going to solve all the problems created by the government. They think it's a work around to fix corruption.

No matter how hard you blockchain you're still under the law of the government. You still have to pay taxes in your country's currency. Your "decentralized" blockchain still relies on centralization. Your internet infrastructure is centralized and ran usually by the government. The power grid you depend on is centralized.

My point is your blockchain technology still relies on the government. China even outlawed Bitcoin mining. YOU ARE NOT GOING TO FIX POLITICAL PROBLEMS WITH BLOCKCHAIN.

2 comments

There is one political problem that is solved by Bitcoin, in fact it is why it was created. That is the problem of Central Banks debasing the monetary supply.

They knew that when it was created that States would crush it like they had crushed other attempt. With Bitcoin, they could not. I don't think its safe to say its under the law. The law is to the side. Bitcoin exists in a numerical and computation universe that cares not for the laws of man.

> People think it's magically going to solve all the problems created by the government

No one other than extremists (which exist in all groups) believe this, using this as a reason to hate NFTs makes you appear unreasonable and not grounded in reality

> No one other than extremists (which exist in all groups) believe this

This is the main argument I hear. Tell me then, how else is it useful?

> using this as a reason to hate NFTs makes you appear unreasonable and not grounded in reality

It's a perfectly valid reason to hate NFTs among so many others. Instead of since centralized authority such as a government keeping track of who owns something it's a "decentralized" blockchain.