I🖤crime. The Revolution will be funded by and implemented by criminals.

Distributed ledgers allow for consensus without trust. That is it.

That's like saying asymmetric cryptography only allows for trust irrespective of medium. We still deployed it everywhere because it turns out that's useful in countless ways. Blockchains are also not necessarily public, and generally most of the shit they get from leftists has more to do with stupid wasteful consensus mechanisms than anything to do with the principle of a fancy networked Merkle tree itself.

In the end it's just another mathematical guarantee and we can do better than "concept is related to bad people and is therefore bad"

edit : Also worth noting that PKI was a huge gold rush when it started and still to this day lots of companies make utter bank on the sole basis that their certificate chains are trusted by default in your browser

git is a blockchain without a consensus model. Once you remove the artificial scarcity component of blockchains the are extremely useful.

Even this is overselling blockchains, to be honest. There are a variety of far cheaper ways to do distributed trustless consensus, for example CRDTs. You can even run a CRDT-based ledger if you're willing for people to have negative balance. The only thing a blockchain adds is an incredibly expensive clock mechanism to slow the transactions down enough that they can prevent double-spend and enforce positive balances.

Man what the fuck am I doing on hexbear. Even the most inconsequential disagreements turn into this sort of bullshit, without fail

If you want to burn the planet down faster, doing computations on a blockchain multiples the electricity costs and the carbon dumping!