- Cryptocurrency is not a revolutionary technology, but rather a cool toy that ultimately is not very useful.
- Trusted intermediaries are very useful for conducting digital transactions, as they provide peace of mind and security against fraud.
- Crypto is best known for its use in speculative trading, and its primary use case is for committing crimes.
- Crypto can be useful in some cases, such as for people in countries with weak banking systems, but it is not a transformative technology. A good analogy is the Segway, which is nifty but ultimately serves only very marginal niches.
Click HERE for original. Published December 15, 2022
