The Fatriarchy
kiwifarms.net
- Joined
- Apr 11, 2018
Well, just for starters, the fact that it requires an arms race of computing power thanks to several side effects of how most of these work to incentivize participation in keeping the network up and uncompromised. There's also the idea of how incredibly easy it is to lose or have currency stolen with no recourse if you're entirely in the system. "Just don't fall for a scam" isn't good enough. Protection of some kind needs to be built in on some level and to my knowledge nobody's done that. A lot of the people who make fun of it all have those high on the list.It'd be like living in the late '90s and believing the Beanie Baby craze is the end of civilization as we know it, rather than just a dumb speculative bubble that you can ignore if you think it's a bad idea. Hell, at least crypto has theoretical justification for its valuation.
Is there a psychopathology that describes someone who considers every trivial thing he doesn't like as an imminent worldwide calamity? Because whatever that's called, Jim has it in spades.
What about the current implementations is so bad? I don't know enough about the various currencies to understand what they're all doing wrong.