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.

Crypto makes perfect sense if you just understand it's for doing illegal stuff.

No moral judgement, but the only viable use case for the blockchain is doing things with money that the authorities don't want you to do.

Other than that, no, there is no use for a distributed database because doing financial transactions with people you can't even trust to abide by the law is generally a bad idea.

I am a dual citizen. I wanted to buy a condo near my parents where I spend my summers with my family. I have never in my entire life felt like a criminal more than trying to buy something, with the money I made with my wife, going through regular financial system. after weeks of feeling like a criminal over coffee with my cousin who owns the company that was selling me the condo I was like “can I just fucking give you two bitcoins on a thumbdrive…”

I would never own a crypto but working with the current financial system can make you feel like a criminal more than crypto at times… :)

What made you feel like a criminal? Buying a home is fairly straightforward and has almost no state verification of any piece of it, at least in the US.

Was it something the state enforced, or something being done by the agents of the transaction (ie the mortgage company)?

That is because you’re working in the same financial system.

Now try buying some property in South America. Or Eastern Europe. Or Asia.

Be prepared for a similar experience OP documents.