From a first read, the following problems I see in this critique: - The trilemmas do not need to be solved . They just need to be acknowledged when you are designing your application so that people can understand the types of trade-offs being made. In cases where sybil-resistance is not a requirement, you can build a system that gives you privacy and decentralization. When sybil-resistance is required, you just need…
Everything you say is very reasonable until: > No one is being forced to adopt a system just because it is now possible to do it on a blockchain, and we do not need to destroy the current systems if they work well - or at least if they work better than any alternative. There will be even plenty of cases where the status quo is totally fine. which is probably true in reality, but still something I'd like to challenge.…
If anything, if you (like me) would like to avoid a cashless society the you have yet another reason to be in favor of decentralized technologies.
"Cashless Society" is just Newspeak for "Total Economic Surveillance". It implies a world where corporations and governments alike have full visibility over what everyone else is doing. Blockchain-based systems already provide an alternative (Monero) where privacy is respected. In a world where Governments and Corporations can conspire to eliminate cash and extend their reach even more over our liberties, I think we should at least try to support an alternative.