In a controversy post in the crypto community, author Jill Carlson argues that cryptocurrency is not main to solve mainstream problems. In her eyes, it's main use case will always be its censorship-resistance for individuals and organizations.
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Cryptocurrency is most useful for breaking laws and social constructs
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This is not to say cryptocurrency is any less important, meaningful, or useful. Rather, I think perhaps we have been judging cryptocurrencies’ success (or lack thereof) according to a false metric. We would not judge a fish by its ability to climb a tree. By design, cryptocurrency does not solve mainstream problems. Scale, speed, and cost are all examples of mainstream problems within finance, from main street to Wall Street. Credit card networks go down. Stock trades take days to clear. Wire transfers are expensive. In some situations, cryptocurrencies may offer marginal improvements on any of these issues, but more often blockchain-based systems will fail when compared to more conventional, centralized solutions.
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