[Spooky23]

Crypto is the way it is because there are behaviors that are driven by perceived anonymity. We’ve seen it time and time again and fail to learn or understand the lessons.

I’m a child of the 90s. The exuberant promise of the wonders of free access to information really fell short and transformed the world in odious ways. We gave access to a vast swath of human knowledge, but instead consume gambling, porn and think the world is flat.

Crypto is no different. We created a means to transfer wealth like the modern financial system without any controls… and shocking… we created a fertile environment for cons and criminals of all stripes to operate at greater scale than ever before.

[throw0101b]

> Crypto is the way it is because there are behaviors that are driven by perceived anonymity.

See Penny Arcade comic from 2004:

* https://www.penny-arcade.com/comic/2004/03/19/green-blackboa...

[topranks]

Further crypto is slower, less efficient and a way less convenient to use than centralised systems powered by traditional databases.

So while the regular internet might be host to Wikipedia as well as social media, the ONLY people switching to crypto payments are those who are willing to take the hit to evade the authorities.