Whether or not they are "proper democracies" is really beside the point because no one can define a "proper democracy" (US and Sweden are different as night and day and yet both are democracies, for example).
And crypto makes non-functioning governments significantly worse. Good luck proving the NFT on your house proves you're an owner in a dysfunctional government.
> The absolute vast majority of people in the world live in countries with functioning governments.
The underlying statement you are making bere is that we shouldn’t be building technology that helps people undermine their governments’ ability to control their citizens’ assets.
That’s the crux of the argument here. If you live in a government where things generally work for you, this technology is threatening. If you don’t, it’s a possible path to some semblance of autonomy.
How so? We've already seen large scale shutdowns of crypto projects by centralized authorities like OpenSea. I highly doubt dysfunctional and authoritarian governments are going to swallow allowing their citizens to use these platforms without also ensuring that they have a measure of control over it. And if an authoritarian government wants to steal your assets, they'll just install malware on your device and take your keys, then you've lost everything. Or they'll just disappear you until you agree to hand things over.
1. There are very few such governments on earth, all things considered
2. You still need to somehow convert those "assets" into, you know, actual food, and clothing, and... In a truly dysfunctional government rubber-hose cryptanalysis is a thing that exists: https://en.wikipedia.org/wiki/Rubber-hose_cryptanalysis
> The underlying statement you are making bere is that we shouldn’t be building technology that helps people undermine their governments’ ability to control their citizens’ assets.
No. The underlying statement is: you're building something that doesn't work the way it's advertised.
> That’s the crux of the argument here.
Well, if you invent arguments, pretend your opponent said those argumetns, and then bravely fight those arguments, then surely, that's the crux.
So. Back to my original statement: "Crypto makes non-functioning governments significantly worse. Good luck proving the NFT on your house proves you're an owner in a dysfunctional government." It's an objective fact that doesn't rely on your imagining of what a dysfunctional government is.
Flamewar comments like this, and others you posted, are not ok on HN and will get your account banned. If you'd please review https://news.ycombinator.com/newsguidelines.html and stick to the rules when posting here, we'd appreciate it.
