this post was submitted on 11 Mar 2025
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What do they "make"? They control for the risks in social economic interaction with potentially adversarial parties. Ethereum is proof of stake, it doesn't burn up tons of fossil fuels. And the contracts aren't subject to human interpretation after being authored, they're deterministic at the protocol level (save for the entire network deciding to revoke the contract).
Why are you making fundamental mischaracterizations of the technology while acting like an expert? What you're doing is dishonest.
So, they make nothing, and really serve no purpose but to insulate grifters from risk?
You're not making a good case here...