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by wpietri 1300 days ago
They really don't. Not every document has to include all things relevant back to the big bang. That bit in particular has been discussed by lots of people for quite a while, including a ton of posts right here, so if you just fell off the turnip truck and are truly unaware of the web3 critiques, a little searching should set you straight. Heck, I'll even give you a place to start: https://web3isgoinggreat.com/
2 comments

> Heck, I'll even give you a place to start: https://web3isgoinggreat.com/

Yeah, 'Days since a car did not crash into another car. hence why all cars are dangerous and will never take off over horse and carriages'. - Car skeptic.

By now there should have been a worldwide 100% complete total ban on crypto a long time ago, just like the usage of Tor. Why didn't this happen? It's simply due to the fact that it is close to impossible to ban all of it. Regulators and crypto skeptics already know this, and instead both crypto supporters and skeptics will compromise and enforce regulations on cryptocurrencies, exchanges, etc.

Hence, only some cryptocurrencies, exchanges will survive past regulations and will continue to be widely used. I'm afraid crypto is here to stay like it or not.

Sorry if I wasn't clear. I'm not interested in arguing the point. I'm just saying that the point has been argued aplenty, anybody insisting that someone must spoon-feed them the arguments right now is not asking for something reasonable. Instead, they come across like somebody looking to argue. And we all know how tiresome that can be.
Did the failure of Enron mean that the US financial system itself is a scam?

If not, then why should a scam on a blockchain be evidence that that blockchain itself is a scam?

Enron was followed by regulation reworking the system to prevent it from happening again. https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act

There's little indication the crypto ecosystem is inclined to do the same. See, for example, Tether's continued core role despite years of lying about audits and getting caught cooking the books for their attestations.

Enron wasn't a bank or a financial corporation.