Comment by naikrovek

blockchains and bitcoin are good for two things only: money laundering, and collecting ransomware payments.

blockchains as an immutable ledger should be the dumbest thing anyone has ever heard of. but somehow people saw dollar signs and put aside all their reservations and are using it to try to get rich quick.

as if a set of banks are going to secretly conspire to remove your money from you specifically, without a paper trail, or something. it's a nonsense premise to begin with.