Why I don't really care about cryptocurrencies
The thing is that talking about cryptos became so monopolizing that I effectively stopped joining events and going out with like-minded persons. I just got bored of this subject.
So that's how I'm asked why I don't care about cryptos, by both libertarians and non-libertarians. I thought why not sharing my answer with the Goldmoney community cafe, since the answer is ultimately related to gold.
The idea is that there are a lot of things in my life and in the world that don't work properly and need improvement. From trivial household appliances that annoy me more than they help me, to large scale social and business services. And there is an infinity of other things in this world that would make my life better but they don't even exist.
My time, energy and circle of influence as a single person are so limited, that I barely make a contribution to the repair and optimization of things that don't work well. Not to mention how little I achieve in creating new tools, services and ideas. With my resources being so scarce, I definitely don't wan't to waste them working on things that already exist and work well.
In the case of the tool called money (tool that provides a set of functions like indirect exchange, unit of account, store of value aso), there is already one that works pretty well and that proved its success during thousands of years of testing: Gold.
I tried to find qualities of cryptocurrencies that Gold doesn't provide but each time I some kinda find something, I also find two shortages coming with it.
So why in the world I would spent time and energy to create, to play with and more than anything, to talk about all sort of cryptos, when we already have Gold that works very well as money; and there are sooo many other broken or missing tools and services that really need our investment. It's just a matter of priorities.