“Oh.” - me, in late 2024, realizing that blockchains are an important technology, not merely a mechanism for pump and dumps.

what made you realize that blockchains are not just a mechanism for rugging?

some good reasons right there.

Old systems slow

The fact that traditional finance (and intermediaries) are nowhere near as frictionless as they should be.

3% for a credit card swipe.

5-7% for a wire transfer.

2 days for stock settlement.

Slow transfer/availability of funds.

Fraud/chargebacks.

No micro transactions.