> I can’t say I learned anything particularly novel from this interview, but Weaver’s cogent arguments and descriptions of how cryptocurrency works gave me confidence that I wasn’t missing anything. There just isn’t any there there other than burning an unconscionable amount of electricity.
So the ISO 20022 cryptocurrencies like XRP, Stellar, Algorand, Hedera etc are burning up the planet? Perhaps Nano (which isn't part of that standard) is also incinerating the planet as well?
> Weaver also makes a strong case that ransomware is only feasible as an industry because of cryptocurrency.
Except that we can trace these transactions on the chain and the on-ramps, exchanges, etc will delist privacy coins and also use the chain to blacklist addresses tied to the scammers, preventing them from actually using that ransomware money and converting it to fiat; rendering it useless.
Regulations and standards such as ISO 20022 will just make it harder for them to hide, especially the use of CBDCs. Not many cryptocurrenices and their technologies will comply with this and only a few will be around to see the light. So it doesn't really help arguing from an absolutist standpoint as it takes at least one example to refute them.