Cryptocurrency and NFTs: The Failure Twins
Does blockchain cause anything but disappointment?
Aggressive capitalism is everywhere, it’s a fact of modern life, where the incessant hunt for profit is necessary to sustain an economy that’s only judged healthy if it’s growing.
From one version to the next, more methods are devised to separate people from their money to keep that snowball rolling, and we trade reliability and security for its often predatory operation.
In comes blockchain, a literally world burning solution looking for a problem, and then cryptocurrency and its nightmare brethren, NFTs.
But, existing financial systems are robust, secure, and have billions of people working to maintain them. They’re just better at the game than the amateur ‘get rich quick’ crypto bros tweeting 24h a day in front of their green screens.
And that’s not even mentioning the words Ponzi, fraud, or hacked.