How are blockchains “more efficient”?

I’ve been hearing some autiste libertarians say that the block chain is an example of the free market innovating payment services. Excuse, me, but how is the blockchain more efficient than what VISA uses?

First off, it’s not really “faster” because literally all you have to do on the user end is swipe and it’s all taken care of. Yeah the money gets there faster with a blockchain but even that isn’t so fast and it’s no even scalable (less than .01% uses cryptos and it’s enormously slowed down in the last year). You might argue that the user has the same experience with blockchain type payments as the user just sends and forgets, but no, because the transaction can’t be undone on a block chain, the user is stressed out waiting for it to get to the right destination, praying they didn’t send it Tom the wrong place. Fucking Lol!

And what’s more, even if we’re just looking at how long it takes from money to get from point a to point b, yeah, maybe blockchains are “more efficient” if we measure one metric, but remember this tiny little system that isn’t even fucking used by ANYONE takes up more electricity than entire nations! VISA uses as much electricity as a fucking lightbulb on a daily basis! Lmfao! Saying a block chain is more efficient than visa because it’s faster is like saying that dropping a nuclear bomb on a marshmallow is more efficient at melting it than using a 1500W microwave. Fucking Lol!

takes time to evolve and improve. this "proof of ___" nonsense is going to disappear over the next 12 months and we'll be past the hurdle of mining and calculating transactions.

Are you serious?

It is about a system everyone can trust. A dezentralized system. No person who can manipulate or change it.

This is the true innovation.

Like Raiblocks?

It's not more efficient. Efficiency is not the point of a blockchain

You're bringing up the inconvenient truths that will shatter the dreams of coiners, so expect them to get angry with you pretty quick.

I've been poking a thumb in their eye about how naive they are the last few days. I'm taking the night off, but have fun.

Most of them know in their hearts that crypto is a scam to steal peoples money; they're just all hoping to be the one doing the stealing, not the one getting ripped off.

1. No one can stop your transaction.
2. No one can steal your money

Cliffnotes for replies....

Immutable.... because it's important that history remembers forever that I bought a big mac 3 years ago.

Protection against hyper-inflation of fiat.... by putting your money into a currency that loses 40% of it's value on a regular basis.

Decentralized.... replacing decentralized servers of regulated companies with servers by people no one has ever met.

Mining as "work".... if I pay someone to dig a hole, and then pay someone to fill it back in again, "work" has been done but it's valueless.

Blockchain/smart contracts.... not tied to the coin. The coin is redundant.

It's not necessarily more efficient. Its decentralized. It gets rid of the fucking middleman that is VISA. And VISA takes 1% or more cut of every transaction. If you're a vendor that accepts VISA, you typically lose anywhere from 1.5% up to 3% of your gross in fees.

Blockchain basically allows you to use digital currency as you would cash - when you buy something with cash, you don't give it to some faggot who takes 2% of it just to hand it off to the seller standing next to you. Yet that's literally what VISA does. In the digital world, where electricity travels 186,000 miles a second, a faggot 10,000 miles away might as well be standing right next to me.

> no one can steal your money

Ya, tell that to the people whose money was stolen in the daily growing list of exchange scandals.