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No you don't have any responsibility to speak out against blockchain technologies, that's for luddites. You can speak out against cryptocurrency, NFTs, false promises and poor implementations of the technology, but to speak out against technology as if you're a point of authority on technology when you're really concerned with economics and society, is insincere to present if you've given consideration to it purely from that tech lens - it's an appeal to authority logical fallacy. There are plenty of opportunities for people to "lose their shirt" in the current environment, but that's not technology's fault, it is the result of illogical human behavior falling to a scam artist selling something for more than its worth and someone falling for it because they are not informed. It can happen with any pseudo-commodity. If we go back to the popular "Tulip bulb bubble" analogy, if you were a horticulturalist would it be your duty to point out how Tulip bulbs need to be banned for everyone's safety, or would you be stepping outside your domain into that of an economist? Nothing changed functionally about tulip bulbs, except the price and that's not up to the average horticulturist. By all means, remain skeptical when investing and do your own research, set expectations based on reason. You don't have to hate 100% things about crypto-currency when you really only hate 99% of it, you may find the 1% you do like has to do with purely technical things (technology) vs investor speculation (people). I hate a lot of things about the blockchain space, but technology is certainly not the reason, it's people's relationship/understanding of it and insanity/PR around low value/highly priced things that aren't innovative or useful - the noise + hype if you will is a bit nonsensical at times, not the tech itself, imho. PS [edit] : And as far as a lot of the problems people have on the blockchain as far as trustworthiness can be solved by blockchain tech itself, it just hasn't happened. It is the "killer dapp" and I've given it some thought, but I won't give it all away unless someone wants to help me build it :) |