The nonsense that "blockchain" people spew is amazing.How is a system that ostensibly nobody controls going to lead to a multinational economy?  (Who would make decisions, and how would those decisions be implemented?  Who would pay for the implementation? As an example, if we talk about building a road somewhere, who gets to vote on that?)It is also the case that we can now datamine the information in the blockchain, and once there is an identification of who "owns" a given wallet, all of that person's transactions are open for all to see.  That is the way the feds actually took down some of the folks who use crypto as a payment method for ransomware attacks. How does that protect one's privacy, when every transaction is recorded in public?  I can use cash, multiple credit cards issued by multiple lenders, and other forms of purchase.  Unless you are looking specifically for me, only the three major credit rating agencies have a handle on my spending practices.The article uses the word "cult" in describing some of the material that is presented.  I agree with the use of that word.

The nonsense that "blockchain" people spew is amazing.How is a system that ostensibly nobody controls going to lead to a multinational economy?  (Who would make decisions, and how would those decisions be implemented?  Who would pay for the implementation? As an example, if we talk about building a road somewhere, who gets to vote on that?)It is also the case that we can now datamine the information in the blockchain, and once there is an identification of who "owns" a given wallet, all of that person's transactions are open for all to see.  That is the way the feds actually took down some of the folks who use crypto as a payment method for ransomware attacks. How does that protect one's privacy, when every transaction is recorded in public?  I can use cash, multiple credit cards issued by multiple lenders, and other forms of purchase.  Unless you are looking specifically for me, only the three major credit rating agencies have a handle on my spending practices.The article uses the word "cult" in describing some of the material that is presented.  I agree with the use of that word.

user
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