> high computational cost? Security feature
This is a cargo cult claim, repeated by shallow-thinking crypto-promoters. The high computational cost is the reason that proof-of-work systems are doomed to the dustbin of history, as it undermines economies of scale, and ensures perpetually increasing costs.
Fortunately there are other ways to solve the problem, but I feel comfortable that one can safely disregard anything said after the claim that the high computational costs are a good thing; because only a complete fool would ever consider such an argument to be valid.
> If you go the traditional route, you will always have a company in the middle, taking their cut or selling you out behind the scenes.
Instead, in the crypto world, you have... a distributed autonomous organization taking their cut; and they continuously make changes to the protocol which can change that cut or sell you out behind the scenes.
Again. Only extremely shallow thinkers believe that current crypto is worth a damn.
These are the same people who would've looked at the first ever web search engines and thought "this search engine will win", because they're not smart enough to differentiate between a good idea generally, and a terrible implementation.
Today's cryptocurrency implementations are terrible; and are beloved only by dumb, out of touch nerds who repeat nonsensical shit they've heard. Unfortunately, these nerds think they
're geniuses because they rode a bull market in their asset class, and history shows that such people will literally never be capable of recognizing that they're just lucky idiots, nothing more.