I wasted years of my life in crypto

I've never understood the initial arguments about Bitcoin, no matter how many times they've been explained to me.

The block chain is, and always was, an extremely inconvenient database. How anyone, especially many intelligent people, thought it was realistic to graft a currency on top of such a unwieldy piece of technology is beyond me. Maybe it goes to show how few people understand economics and anthropology and how dunning-krueger can happen to anyone.

Now the uninformed gambling on futuristic sounding hokum? THAT is easy to understand.

That being said, I'm sorry the author had to go through this experience, the road of life is often filled with unexpected twists and turns.

It's an ingenious solution to achieve a "trustless" currency that prevents double-spending without a central authority. Unfortunately, this solves the wrong problem. Spending money usually involves getting a good or service in return, which inherently requires "trust" (as does any human interaction). Your fancy blockchain is not going to help you if you order something with Bitcoin and no package arrives.

I always thought it was actually an ingenious solution to elections. There's absolutely no reason that a driver's license can't derive a hash that can only be proven and not reversed (for identity); and provides a one-time contribution to a blockchain that contains your vote - which you then receive your block's information when you finish voting.

ANYONE can calculate the sums, anyone can verify and proof hashes, identity is kept secret, trust is installed with hash checks for each and every voter - etc etc etc.

It's certainly more airtight than the solution we have today - where trust and efficiency can both be compromised fairly easy.

Others have shown why most of your other points are wrong or don't need blockchain, but this is also important:

> ANYONE can calculate the sums, anyone can verify and proof hashes

This is completely false. In fact, at the scale of a country, almost no one can actually do this. 95+% of the population doesn't have the knowledge required to do something like this and understand why it works. And while in principle they could learn to do it, they don't have the time and energy and other resources to spend on this.

And this is a deal breaker, as having the population believe and easily able to convince themselves that their elections are free is an extremely important part of democracy, especially when things are not that rosy.

In the current election system also almost no one can do anything to verify the results. The percentage is way higher than 95%. There are many arguments against electronic voting but the current system is terrible and insecure.

>>And this is a deal breaker, as having the population believe and easily able to convince themselves that their elections are free is an extremely important part of democracy, especially when things are not that rosy.

And it's currently not the case at all.

I think blockchain is a terrible idea for about anything. Electronic voting is hard. Voting is hard. It doesn't change the fact that the current system is a complete security joke .