[nosianu]

> Financial crises have been more severe, longer, and more sustained since the introduction of central banking.

I admit that I'm not willing to even look into your argument too deeply, although I have severe doubts about its validity. The reason is you omit one order-of-magnitudes factor: The economy has increased exponentially beginning with the industrial revolution, and world population similarly. So of course any disaster, including natural ones, without anything else impacts ever more people and is ever more complex to solve.

This is the major factor that you have to address before any other, but you simply ignore it. Like all the pro-crypto arguments, they always leave out extremely easily accessible points that are not hard to find, which I find strange, and which makes these discussions so tiresome.

And by the way, when it was new I looked into blockchains to the point of even taking programming courses for it, so it's not like I'm completely "armchair" about it. I rejected it only after doing active research.