Here is the problem statement and solution for community leaders, the same class of decision makers who exited “AOL Keyword NYTimes” in favor of “nytimes.com” on this newfangled protocol called HTTP, with its servers and clients called browsers that people were downloading
intercoin.org/currencies.pdf
Hypothetical example problem statement: We want to promote ycombinator to everyone that could benefit, but banner ads make us look chintzy, directly engaging in the feral discourse on Slashdot would inevitably look unprofessional, and engaging directly through dozens of purpose-built blogs and websites is too onerous.
Hypothetical example solution statement: We should create our own simple, well-designed news site built on user submissions, and include threaded discussion capability with moderation built in at both the community and company level to keep things relatively civil. Then our audience will come looking for us.
What you offered is not a problem statement. It is a sales deck offering a, frankly, convoluted explanation of how starting a currency will solve a largely unrelated problem backed up by an unsupported assertion about the least representative sample in the world— Donald Trump.
At this point, I think this is just performative
If you're satisfied with calling that useful, okay, I guess - to me it's deeply alarming that this is presented as a good example of a useful application of crypto.
In the broader context of crypto demand being driven essentially by digital crime and gambling, there would need to be some seriously glowing example of something good that can be done with it to shift my judgment.
For example, in the early days of Ethereum, I thought it'd be possible at some point to build truly open source, decentralized SaaS, where the deployment happens to the blockchain, and that this in turn would enable open source projects to finance themselves.
I've yet to see an example of this where the crypto aspect isn't a figleaf.
I'm very concerned that people arguing for exciting applications of crypto are involuntarily legitimizing the online crime ecosystem. Crypto in practice seems to lead to a massive transfer of assets to criminals. To an extent where that may end up destabilizing whole countries, given the market cap trajectory.
