this post was submitted on 15 Oct 2023
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Anarchism
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It's a technology that is almost the Platonic Form of a solution in search of a problem. In literally every application that people have come up with for blockchain and other crypto scams, there are other technologies that are superior in literally every conceivable way.
For example? I'm genuinely interested.
Well, for payment there's dozens of options superior to cryptocurrency ranging from plain old cash to debit and credit cards to online payment systems like, in my neck of the woods, Alipay or WeChat Wallet.
For NFTs there's, well, you know, not using NFTs at all since those do absolutely fuck-all for anybody except the Ponzi scheme grifters who push them.
For some of the weirder ideas that crypto-grifters push (like using blockchain for inventory tracking or delivery tracking or even land title management) there's ... you know ... inventory tracking systems (which have been a thing for literally thousands of years in a myriad of forms), simple QR-code based delivery tracking systems (that I literally use every day when buying things from places like Taobao¹), and, you know, land registries that have also been a thing for literally thousands of years.
¹I currently have six packages incoming:
This is all information that is trivially available at my fingertips and not a single world-burning blockchain was in the loop.
Synchronicity in action. This showed up in my feed today.