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by everfree 812 days ago
> accelerating climate change, enabling various forms of crime, and doing financial damage to many people who have been convinced to put their savings into various ponzi schemes

Bitcoin accelerates climate change - no other cryptocurrency has a measurable environmental impact. The internet also enabled various forms of crime. Bank wires do financial damage to people who invest in ponzi schemes, in more volume than blockchain transactions do if I'm not mistaken.

Basically, I don't look at distributed ledger systems and think immediately of all the crimes that they enable. But I also don't look at a knife and immediately think of all the crimes that have been committed with knives. On the other hand though I've never known anyone who was a victim of a knife-related crime, so perhaps my opinion would be different if that were the case.