[liber8]

>>it doesn't offer any meaningful advantages that would justify the enormous effort required<<

I'm blown away by the complete disregard most of this community has for crypto. Yes, it is currently full of scams and charlatans. But you honestly believe there are no meaningful advantages to decentralized currency?

Is anti-censorship not an advantage? I'm not a huge fan of the government's ability to seize assets without any due process (See, e.g. Canada https://www.bbc.com/news/world-us-canada-60383385), which corporations are starting to get interested in (see, e.g. Paypal https://fortune.com/2022/10/10/paypal-users-fine-misinformat...). Bitcoin and other coins go a long way to solving these issues.

How about effectively free, instant transfers at any time of day or night? Traditionally if I wanted to wire money oversees, it's a full-day affair. I can transfer any amount of crypto I want in seconds to minutes, for far less than a wire fee.

How about the ability to instantly settle debts and contracts? This was literally impossible just a few years ago.

I know it's easy to shit on crypto (and there are many legitimate reasons for doing so), but you guys need to dream bigger.