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11 January, 2023) : ethereum

by crypetonews
January 9, 2023
in Ethereum
Reading Time: 2 mins read
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I find my bank extremely trustworthy, and I’ve got a thousand other options in my city. My payment app is perfect – links with my bank account, scans QR codes easily, zero fees, instant transactions. My central bank is pretty reliable and saved my family’s arse through the pandemic. Inflation was painful for a few months, but that’s mostly resolved quickly too. I love working with people, my relationship with my agent is irreplaceable. All my friends and family feel this way, except for just the one computer science anarchist nerd who seems to think no one can be trusted. We think he’s bit of a weirdo sociopath. We live in a third world country, and two problems we are unhappy about and would love to see resolved are inequality and corruption, but to be fair it is exponentially better than even a decade ago, and getting better all the time (as are all of the above). How can Ethereum help us? Are we the wrong audience for Ethereum? I have been into crypto for a decade now, thought and written a lot about it, and I don’t really have too many answers. Indeed, the more deeply I think about it, the less usecases remain. Meanwhile, in that time, traditional venues have taken significant leaps forward and continue to get better.

(PS: Yes, I’m aware Ethereum is more useful in some other countries where things are worse, and for people in specific niches – but I’m being selfish and asking about us, the normie person. By the way, there’s nothing wrong about any of that, Ethereum can still be extremely valuable. Just asking about the “Ethereum will replace the world’s systems” type of narratives that are so common.)



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