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as in the verb, sorry

that doesnt sound like a definition of scalability. what do you actually mean by scale

define scale

so what is the point then, if it's not that?

fully agreed

everyone is already using decentralised dbs, that's not really that exciting

but you don't even know *what those problems are*

I agree completely, but the space of problems that can be addressed only by a decentralized, immutable db is quite small

why so you use a central exchange? bc there are obvious benefits to centralisation

exactly

so then, what's the point to all this? other than its kewel new tech?

look, it's just massively evident that whatever protections the blockchain model provides is not sufficient to prevent massive and ongoing fraud. so whatever potential future is entailed by these technologies it will necessarily entail central (a network of central, perhaps) authorities who...

what does decentralisation mean if you still rely on regulation in a broadly similar way to mainstream finance

dont get annoyed here bro I'm not averse to providing reasoned args for all of this but still

but no one involved cares bc the lure of easy money is overwhelming

it's hot garb on it's own terms and a dumpster fire on everyone elses

so web3.0 still needs a central regulator even tho the whole point is that its fully decentralised

none of which are evident in crypto!

you cant ever escape politics, and the claim that you can is effective politics of itself

why is that profound? it's not really profound it's just the definition of immutable, it only becomes profound when allied to a political arrangement that exists necessarily outside the db and the protocols which support it