The Handwavy Technobabble Nothingburger of Crypto

*y*a*w*n*.

There is immediate and obvious utility in being able to send value instantly with no fees, with no dependence on a centralized authority.

Nano just got its own currency ticker - XNO - and avoids every fault this author finds in the rest of the field.

Mr. Diehl went far enough to pick out some flaws, and then generalized them onto every variant of the technology without going that little bit further to actually check if he's right or not. Laziness.

There's so many 'Edisons' out there who have decided that because 9,999 filaments don't work that well, lightbulbs are a dead technology. And it's so tiresome - because there's a feckin LED lighthouse beaming photons across the planet as we speak.

> Any application that could be done on a blockchain could be better done on a centralized database. Except crime.

Governments, world-wide, may end up emulating China, which is planning to outlaw other crypto-currencies while providing its own. The information gathered by a national government monopolizing crypto-currency is simply too appealing to those that would like to deter crime, stop tax-avoidance, or even understand in real-time what is going on in their economies. After China, I believe that other nations are likely to do the same thing and outlaw or heavily regulate crypto.

After all as we all know: If you've got nothing to hide, you've got nothing to fear.

And look at how inefficient all these permissionless, trustless protocols are! What a waste! Let's just all trust a central authority and think of the savings and the children.

Get a life