| > the technology is awful and scam ridden The technology is perfectly legitimate and mostly not awful as long as you stick to big reputable projects such as Bitcoin, Bitcoin Cash, Ethereum, Monero, Litecoin and others who have been on the market for a long time with a proven track record. > In regards to censorship, trust, and any other perceived benefit of blockchain technology for applications These are not "perceived" benefits, they are in fact benefits. Monero represents digital, anonymous, fungible, untraceable, censorship-resistant cash, the same properties that real world cash provides. It can be transacted worldwide with extremely low transaction fees. > those benefits rely solely on the organization that controls the application - ultimately landing users in the exact same space Who is the organization that "controls" the "application"? As cliche as it is, "code is law". > as if proving that some other system is flawed is proof that it's ok for their system to be a sesspool of fraud and waste You may not like crypto, but it does have use cases that people in the real world are relying on and find useful. The crypto space indeed has many scam projects, but not every project is a scam. That's just the nature of open source software - people will copy an idea and use it for their own personal gain if it proves to be profitable. There are so many things that are far less useful and far more wasteful than cryptocurrency. I could start taking this argument seriously if we first ban all addictive social media platforms, the whole adtech industry, gas-guzzling trucks and so on. |