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by loveparade
974 days ago
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I totally agree with this take. I like to describe Ethereum as a "platform for scams" because its by far biggest use case are scams. Scams are just so easy when you have money built-in at the base layer. Just imagine a world where decades ago SMTP had launched with built-in payments. Leaving aside that adoption would've been impossible during that time because people are scared of putting their credit card info online, it likely would've resulted in SMTP to fail and being used almost exclusively for scams since it would've been so easy to extract money from people via email. Crypto has that problem. That doesn't make SMTP (or Ethereum) itself a scam. But it's also undeniable that a platform for scams doesn't have a positive impact on the world. |
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