Quote from: dinofelis on March 28, 2017, 11:50:59 AM

Quote from: IadixDev on March 28, 2017, 11:01:20 AM

If people are mostly dishonest, greedy idiots,the system wont go anywhere no matter the security model. The cost of security will out weight any potential benefits. Paranoia is never a good bet for economy.

This is why I claim that the burden of decentralized trustless systems is so big, that it only pays in those circumstances where the paranoia is justified: in unregulated finance, in illegal/criminal affairs, and other such endeavour, but will not go mainstream. There's, indeed, no point. This is the niche for crypto. It can be a big niche. But not mainstream. That's silly. Too much burden. It is like going to buy bread with a tank. Too much overhead, too much hassle. Unless you're in a war zone.

In normal society, we hold one-another by fear of the consequences of being openly dishonest, even if we would like to be dishonest all the time, we're forced, in the same way, into honesty most of the time, unless we are in power - being in power is exactly what allows you to be dishonest without consequences, which is why power is wanted by most dishonest people, who get into power. But even there, they cannot be as dishonest as they would like and are afraid of the consequences of their dishonesty (to a lesser extend than normal people, but nevertheless).

Why I bring the sociopathic thing is because psychological profile of people who are into crypto to avoid government monitoring or censorship, with a sort of revolutionary mind set is not always that good.

Not to make another godwin point, but it's kinda like stalin, building underground network to avoid government oppression, with all the secret and code and stuff, but in the end it turn them paranoiac and sociopathic, not good psychology to build healthy society Wink