this is a completely self consistent threat model. but the set of things you can trust in this world is extremely tiny. you can’t use anything tradfi, because those ultimately rely on visa/Mastercard and banks and such to not fuck you over. you can’t live in a house you own unless you have the arms to defend your house, because your ownership of that house depends on the government having a record somewhere that you own that house, and its willingness to use police to defend your house.
This is a strawman argument. There are any number of legitimate scenarios where:
Society has not collapsed.
You would like to do something that traditional finance would not allow you to do.
Most obviously, since this was both one of the original intents of cryptocurrency and one of its primary modern use-cases, you can transfer funds to individuals and institutions that have been “deplatformed” by traditional finance. Beyond the use-case of selflessly sponsoring dissidents whose views lie just outside the permitted Overton Window, there is also, of course buying pornographic materials and drugs in places where they are banned[1].
“I can benefit from trusting this person with some tasks and some information, but not with other tasks and other information” constitutes the majority of my interactions. I would assume that this is true for almost everyone.
This is a strawman argument. There are any number of legitimate scenarios where:
Society has not collapsed.
You would like to do something that traditional finance would not allow you to do.
Most obviously, since this was both one of the original intents of cryptocurrency and one of its primary modern use-cases, you can transfer funds to individuals and institutions that have been “deplatformed” by traditional finance. Beyond the use-case of selflessly sponsoring dissidents whose views lie just outside the permitted Overton Window, there is also, of course buying pornographic materials and drugs in places where they are banned[1].
“I can benefit from trusting this person with some tasks and some information, but not with other tasks and other information” constitutes the majority of my interactions. I would assume that this is true for almost everyone.
(the latter is often considered a bad thing for society, but there are nonetheless lots of people to whom it would be useful)