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this post was submitted on 24 Aug 2023
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Exactly. We have all the tools we need to solve society’s problems, we’ve had them for thousands of years. The issue is that it would make it harder for people in power to continue to accumulate power and money, so it won’t happen.
Crypto cannot solve this, it’s actually making the problem worse since it allows very wealthy people to launder dirty money for (almost) free.
Crypto also has an absolutely horrendous reputation with the general population who only hear about the scams, so using it in/with your products severely restricts who will buy your products.