Over the years I feel brainwashed by the thoughts of others with no willpower to affirm my own beliefs.
Simply, to me blockchain/crypto is this idea of P2P communication where the intermediate technology that "handshakes" our connection isn't essentially governed by a centralized entity. But, "handshaking" in this world costs and gas is often times used as the processing/energy to enact this exchange.
Now, for what can be exchanged, it can be quantities of an item. Or information stored within an item. Kind of like Pass by value vs. Pass by reference, in a weird way? Or cryptocurrencies vs. smart contracts?
Now, my own belief is, comparing this system with torrenting, seeding and other technologies that existed long ago. What makes "blockchain/crypto" so valuable that cannot be solved with the technology invented prior to it. To me, it seems like there is extra charge and latency and thus just more negative values overall, when the final overall goal should be this idea of exchanging information. We still need ISPs, we still need physical wires to complete the "end-to-end" connection with a peer. So isn't everything still fundamentally centralized?
What is it actually improving? And is my way of thinking accurate? Why can't there be a normal P2P project handling exchange of information and/or modern fiat in the same way (Something like Paypal, but transactions have no middleman)?
If I'm scammed, if I don't receive what I ordered, if my card is stolen, the bank will reimburse me without asking any question. Blockchains cannot do this, and that's why I don't think it's an alternative.