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by mmcnl 1464 days ago
A very important part of any use case is that you clearly define a goal. What is the goal of "decentralized, censorship-resistant, programmable money"? These are crypto invented words that have no meaning outside of the crypto ecosystem.
2 comments

That's incorrect. Decoupling money from the government is a goal that predates crypto by quite a bit[0][1].

For most people in the first world, cryptocurrency is not an app that will instantly make your life better like Airbnb or Uber. It's a lot more deep and abstract than that. The idea is to separate money from the government. If you don't value financial privacy or don't think the government's ability to arbitrarily inflate the money supply is problematic, it's going to be hard to convince you. How would you respond to someone in China asking: "How does free speech make my life better?" or "How does democracy make my life better?". It's not really a question that can be easily answered with an elevator pitch.

[0] https://en.wikipedia.org/wiki/Criticism_of_the_Federal_Reser...

[1] https://wtfhappenedin1971.com/

An unregulated market where consumers can be exploited.