Crypto also obviously does something at all. If anyone was saying it didn't, they were just as delusional as people saying that AI does nothing at all.
Crypto has no technological merit compared to earlier solutions, except "permissonlessness", which enables the circumvention of rules and regulations (at huge expense). But, sure, enabling crime is "doing something".
Crypto has no technological merit compared to earlier solutions, except "permissonlessness", which enables the circumvention of rules and regulations (at huge expense). But, sure, enabling crime is "doing something".