Democracy and capitalism are not perfect, but we all want them. Why? Why don't we ditch democracy and practice a perfect system instead?
Every human being having and enjoying their human rights is not perfect so let's ditch that also.
As Bitcoiners, it's okay to accept that Bitcoin has flaws but those flaws do not in any way make it inferior. The fact that about 0.25% of all cryptocurrency activities are associated with illicit activities according to
What would be the perfect system instead of democracy? As far as I know there hasn't been any system that is fairer to the majority of people, which obviously doesn't mean democracy is perfect and there will be no misuse of power. Also why are people enjoying human rights no perfect? It's much better to have every human choose for himself than to have dictatorship where one person makes decisions for millions of people without any repercussions. Civilization always has advanced with the time and so does the financial system. I would argue that the majority of negative quotes against crytpo currencies also hold true for any other currency. For example, crimes are committed in any country on the world and in any currency. If we would remove crypto currencies all together, it doesn't mean that crime is going to stop overnight. Or what is wrong with a volatile market, looking at some other currencies or stocks we can see that there is a lot of volatility as well. If a security is being traded all around the world actively, then high volatility is going to happen during times of crisis.